Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28308815
No new orders today 13116933
Stupid MLS comments. 3291718
What do you know about Froy Candelario, top agent in USA 1195495
Stupid QC comments and BPO requirements. 1068798
New HUD Listing Brokers---Any Update? 1032011
Is there religious content in Buffini class? 825208
Let's talk about our cars 672650
Name that Flick. Great movie Lines. 605187
Pay it Forward - BPO/REO Tips & Tricks I & II 595627
Most common items found at an REO 581480
EML 459233
REOTRANS 442283
Main Street 424802
asset val seminar in colorado 408786
assist 2 sell or 1 percent realty? 341218
HOMONYMS - There, Their, and They're 310140
Evalonline 300205
Land America 285052
Mainstreet 261860
Matched Content
Topic Options
Rate This Topic
#429773 - 10/30/13 01:02 AM Why do SS take so long to close?
Newton Offline
Member

Registered: 04/04/07
Posts: 460
Loc: Ohio, USA
I've never been involved in any short sales on either end. Why the heck do they take so long to close? I buy a few fixer uppers now and then to rehab / resell, usually reo's.
I have my eye on this SS but the list agent says on average 120 days to close. Frecking 120 days is a third of a year, are you kidding me? I just don't get it.

Top
Advertisements
#429780 - 10/30/13 06:38 AM Re: Why do SS take so long to close? [Re: Newton]
Ben34105 Offline
Ubiquitous Mod
Major Contributor

Registered: 02/25/05
Posts: 2304
Loc: Florida
I've sold short sales. Most of the time is waiting for the lender to get back to you or request more paperwork. If you're on top of things and know what you're doing I've had them approved in as little as 12 days. Then you have to wait 45 for buyer financing. frown

Top
#431052 - 12/16/13 08:57 AM Re: Why do SS take so long to close? [Re: Newton]
Kirk Craig Offline
Member

Registered: 12/02/13
Posts: 31
Loc: Illinois
All short sales don't take that long. It depends on the lender. It started out that all of them were kind of slow because the amount coming in was overwhelming. Some learned how to streamline the process to make it quicker. I've closed quite a few short sales and they usually still close within 45 days. I am going through my first one where I am representing the seller. Lets see how this one goes.

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
JeanneSells4U, tpierce, Akingofhomes, LiamOliver, idxmatrix
29847 Registered Users
Who's Online
2 registered (2 invisible), 27 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
FlyerRE 41
Long Walk 33
Vermont 23
Mr. Clean 13
Lucky Leonardo 9
Trouble 9
Bigtoe 7
estatereal 7
HOT-TUB 5
JohnN 5
RE Student 4
moonstone 4
Mayra Kelley 4
CarterA 3
gitmonee 3
Featured Member
Registered: 12/14/17
Posts: 2
Facebook

How To Advertise Here


This site presented by RNC Internet Services