Been enjoying the forums for months. Moved down here from LA about 9 months ago. And like all the knowlage shared here.
What I suspect, and have no hard facts to back up is this. The lenders don’t want to do short sales. Even thought it makes sense for the individual property. Because when it is known, even it this little spot of the internet. The word will get out. And they will have to deal with the many…..more…that………are going to go through, or want the same deal. Who wants to tell that to their boss. What boss wants to tell that to the stockholders.
Or like the Elton John album, “Don’t shoot me, I’m only the piano player”
Anyway I rant to much. But am intrested in the views of this forum that short sales are artificialy low.