[quote=sdrealtor]So tomorrow is the day Sandicor imnplements the changes which will take listings that have accepted offers subject to court, lender and bank approval out of the active inventory. It only does so when agent enter the property has an accepted offer subject to XXX approval and all agents dont do so. I figure it’ll take a couple months until we have strong compliance but the numbers are going to start reflecting reality alot more when the changes take foot either tommororw or the next day. [/quote]
More gloom and doom scare tactics to get people to buy…do you sales guys ever give up ? The reality is, banks sit on short sales even when multiple offers have been submitted. Basically, shrewd investors ignore short sales listings for that very reason, so this new policy won’t make a bit of difference to the wise investor.