[SD Realtor]

donald it is a short sale that is on the cusp of becoming an reo.

SD Realtor

[SD Realtor]

donald it is a short sale that is on the cusp of becoming an reo.

SD Realtor

[SD Realtor]

donald it is a short sale that is on the cusp of becoming an reo.

SD Realtor

[SD Realtor]

donald it is a short sale that is on the cusp of becoming an reo.

SD Realtor

[SD Realtor]

kewp –

You may want to study up on who has invested in the vehicles you mentioned. If you think it is only rich people then you are quite mistaken. Perhaps you ought to look into various pensions, municipalities, county and state funds, and many other entities which form the basic fabric of alot of our society.

SD Realtor

[SD Realtor]

kewp –

You may want to study up on who has invested in the vehicles you mentioned. If you think it is only rich people then you are quite mistaken. Perhaps you ought to look into various pensions, municipalities, county and state funds, and many other entities which form the basic fabric of alot of our society.

SD Realtor

[SD Realtor]

kewp –

You may want to study up on who has invested in the vehicles you mentioned. If you think it is only rich people then you are quite mistaken. Perhaps you ought to look into various pensions, municipalities, county and state funds, and many other entities which form the basic fabric of alot of our society.

SD Realtor

[SD Realtor]

kewp –

You may want to study up on who has invested in the vehicles you mentioned. If you think it is only rich people then you are quite mistaken. Perhaps you ought to look into various pensions, municipalities, county and state funds, and many other entities which form the basic fabric of alot of our society.

SD Realtor

[SD Realtor]

kewp –

You may want to study up on who has invested in the vehicles you mentioned. If you think it is only rich people then you are quite mistaken. Perhaps you ought to look into various pensions, municipalities, county and state funds, and many other entities which form the basic fabric of alot of our society.

SD Realtor

[SD Realtor]

Thanks for a glimpse into the parameters you use Surveyor. Hope that place in Bama has closed and you are flowing over there.

jp we may be saying something similar and no you are not dense. Don’t be confused with the bank not being motivated to sell verses just having a very poor processing. It is what it is but short sales are taking from a few weeks to many months to process. A client of mine submitted a purchase offer for a short sale back in early October and we are still waiting for acceptance! Early October!!! I have a short sale listing in Lakeside and we go an offer early in the fall. It took the lender close to 12 weeks to respond and by the time they did, the buyer was long gone. Fortunately we got another offer a few weeks ago and the response has been much better from the lender.

Per some of the posts we have seen, right now we have reached a foreclosure rate that is equivalent to the PEAK RATE in the last depreciation cycle. Lenders who are already losing money hand over fist refuse to staff up to cover this tsumani of default processing. It is incredibly frustrating.

SD Realtor

[SD Realtor]

Thanks for a glimpse into the parameters you use Surveyor. Hope that place in Bama has closed and you are flowing over there.

jp we may be saying something similar and no you are not dense. Don’t be confused with the bank not being motivated to sell verses just having a very poor processing. It is what it is but short sales are taking from a few weeks to many months to process. A client of mine submitted a purchase offer for a short sale back in early October and we are still waiting for acceptance! Early October!!! I have a short sale listing in Lakeside and we go an offer early in the fall. It took the lender close to 12 weeks to respond and by the time they did, the buyer was long gone. Fortunately we got another offer a few weeks ago and the response has been much better from the lender.

Per some of the posts we have seen, right now we have reached a foreclosure rate that is equivalent to the PEAK RATE in the last depreciation cycle. Lenders who are already losing money hand over fist refuse to staff up to cover this tsumani of default processing. It is incredibly frustrating.

SD Realtor

[SD Realtor]

Thanks for a glimpse into the parameters you use Surveyor. Hope that place in Bama has closed and you are flowing over there.

jp we may be saying something similar and no you are not dense. Don’t be confused with the bank not being motivated to sell verses just having a very poor processing. It is what it is but short sales are taking from a few weeks to many months to process. A client of mine submitted a purchase offer for a short sale back in early October and we are still waiting for acceptance! Early October!!! I have a short sale listing in Lakeside and we go an offer early in the fall. It took the lender close to 12 weeks to respond and by the time they did, the buyer was long gone. Fortunately we got another offer a few weeks ago and the response has been much better from the lender.

Per some of the posts we have seen, right now we have reached a foreclosure rate that is equivalent to the PEAK RATE in the last depreciation cycle. Lenders who are already losing money hand over fist refuse to staff up to cover this tsumani of default processing. It is incredibly frustrating.

SD Realtor

[SD Realtor]

Thanks for a glimpse into the parameters you use Surveyor. Hope that place in Bama has closed and you are flowing over there.

jp we may be saying something similar and no you are not dense. Don’t be confused with the bank not being motivated to sell verses just having a very poor processing. It is what it is but short sales are taking from a few weeks to many months to process. A client of mine submitted a purchase offer for a short sale back in early October and we are still waiting for acceptance! Early October!!! I have a short sale listing in Lakeside and we go an offer early in the fall. It took the lender close to 12 weeks to respond and by the time they did, the buyer was long gone. Fortunately we got another offer a few weeks ago and the response has been much better from the lender.

Per some of the posts we have seen, right now we have reached a foreclosure rate that is equivalent to the PEAK RATE in the last depreciation cycle. Lenders who are already losing money hand over fist refuse to staff up to cover this tsumani of default processing. It is incredibly frustrating.

SD Realtor

[SD Realtor]

Thanks for a glimpse into the parameters you use Surveyor. Hope that place in Bama has closed and you are flowing over there.

jp we may be saying something similar and no you are not dense. Don’t be confused with the bank not being motivated to sell verses just having a very poor processing. It is what it is but short sales are taking from a few weeks to many months to process. A client of mine submitted a purchase offer for a short sale back in early October and we are still waiting for acceptance! Early October!!! I have a short sale listing in Lakeside and we go an offer early in the fall. It took the lender close to 12 weeks to respond and by the time they did, the buyer was long gone. Fortunately we got another offer a few weeks ago and the response has been much better from the lender.

Per some of the posts we have seen, right now we have reached a foreclosure rate that is equivalent to the PEAK RATE in the last depreciation cycle. Lenders who are already losing money hand over fist refuse to staff up to cover this tsumani of default processing. It is incredibly frustrating.

SD Realtor

[SD Realtor]

The purpose of the bailout (of which workouts are a component of) has nothing to do with kind heartedness to homeowners. We have been through this right? It is simply to try to keep some trickle of a return to investors. You cannot do that by a “rapid workout”. All you will do is get another month or two of payment and the homeowner will belly up and default again… and again… and again. In fact it is probably much more of a pain in the butt to rework a loan then it is to simply suck up the short sale or let the property go reo.

For the other post about walking away with the deficiency, as a homeowner if you do indeed have a recourse loan then yes you have to cope with the possibility of that deficiency following you around for a long long time. However you can also get the lender to release you from that deficiency if you negotiate with them even if the loan is a recourse loan.

SD Realtor

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