A number of people have expressed interest in hearing more about our process in successfully closing on a short sale. So, let’s just dive right in. In general we had been avoiding short sales like the plague, since we wanted to actually buy a home, not sit in a perpetual pending state for months waiting…
Tag: short sales
Here’s why selection stinks right now around Seattle.
Full disclosure: The Tim is employed by Redfin. I just posted a lengthy write-up on the bizarre current state of the “national” real estate market over on Redfin, and thought you all might be interested in some of the more Seattle-specific data I pulled when doing research for the post. First up, a look at…
Are Short Sales Getting Easier?
Over in this weekend’s open thread, Tim K. (a.k.a. “S-Crow,” owner of Legacy Escrow) notes: Short Sales moving along in our office: B of A – under 4 week approval. Key Bank – under 4 week approval. (Not indicative of every situation, but waiting months on end seems to be the exception not the rule)….
Short Sales: What happens when the seller’s lender doesn’t provide a forgiveness letter for the deficiency?
A word from The Tim: This post is from long-time Seattle Bubble participant Tim Kane (a.k.a. “S-Crow”). With short sales becoming more common every month in the Seattle area, I think Tim has struck on an interesting topic that not many other people are talking about. We already know what a hassle short sales can…
Poll: Trying to buy a short sale today is mostly…
This poll was active 03.20.2011 through 03.26.2011.