Bank could have gotten $50,000 more for this Short Sale.
Sellers 1099 could have been $50,000 less
We listed a Short Sale property here in Treasure island about one year ago, within weeks we had an offer, submitted all the paperwork to the bank, bank lost it 3 times, we resent everything, bank assigned a negotiator who never answered the phone, we waited forever on the BPO, after that the bank AGAIN took their merry time and month later came back with a ridiculous counter offer. The buyer walked away because it was just taking to long and he got very frustrated and the counter offer was a joke. Same buyer made another offer 4 month later and $50,000 less and bank accepted it in no time. Please do not ask me to make any sense of this.
Bank could have gotten $50,000 more for this Short Sale.
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Anne Hensel | Real Estate Broker in Teasure Island St Petersburg
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I long stopped looking back at my lost short sales. . .its a negative energy for me.. .lenders do not make decisions like you and I. . I accept it and go on. .
So many times corporate America loses their revenue because they are burried way too deep into something else and don't have enough people to do the work. The lost is someone else gain.
It is a sad statement that there is not much common sense out there anymore. Good job on selling it!