As recently as a few months ago, if you would have told a real estate agent who specialized in short sales that they’d be raving about a lender’s stellar service and rapid approval times—not to mention significant cash incentives for financially strapped homeowners for pursuing a short sale—you’d have gotten some strange looks especially here in Las Vegas where it has taken in some cases 2 years or more to successfully negotiate a short sale.
That’s all changed. And it’s changed faster and to a greater extent than most real estate professionals ever could have imagined.
With a glut of bank-owned properties dragging down the recovery of the real estate market, as well as the national economy, major lenders are more eager than ever before to avoid foreclosure. So they’ve sharpened their focus on short sales. Big time.
The biggest lenders in the country have staffed up to ensure rapid processing of short sale applications. They are now offering cash incentives at closing for homeowners who pursue a short sale. And they’re proactively reaching out to CDPE agents and putting them in touch with delinquent borrowers. I recently negotiated a short sale from list to closing in 36 days with cash to the homeowner and complete deficiency waived.
This is big news and the media has not really caught onto it yet. What’s important for you to know is that whatever you’ve read or heard in the
As a member of the CDPE Advanced community, I’m tapped with major lenders. Check out my websitewww.AvoidLVForeclosure.com to learn more about Short Sales and feel free to contact me any time with any questions you may have at (702) 542-1883 or send me an email to turnermakea@gmail.com.past about long lag times and frustrations with short sales is probably no longer the case.
As a member of the CDPE Advanced community, I’m tapped with major lenders. Check out my websitewww.AvoidLVForeclosure.com to learn more about Short Sales and feel free to contact me any time with any questions you may have at (702) 542-1883 or send me an email to turnermakea@gmail.com.past about long lag times and frustrations with short sales is probably no longer the case.
