It's amazing how the banks are finally coming around to our way thinking. I just closed a short sale and have one in escrow and received 3 offers on the others over the weekend after the BANK gave me APPROVAL on them. I gotta tell ya it's about time. Short sales are NOT going away and we as real estate agents had better get a handle on how to do them and get them approved fast and get the banks to work with us. I also want to say I agree with Jason Grams on all the GURUS coming out of the woodworks that are all of a sudden EXPERTS on short sales. I learned how to do them by trial and error and getting up at 4:30 in the morning and making phone calls to the banks that were not in California. There is no doubt they are hard work, but they can be well worth it. I hope this helps someone out there.
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