[sdrealtor]

Market is very very soft up there. Million dollar Riverside Ranchettes are a tough sell these days. Are you looking for one? I know a motivated seller with one.

[sdrealtor]

Rus,
A couple things. While you were generalizing, you gerneralized comments and SD R’s would like lead readers to arrive a false conclusions. Based upon all the short sale nightmares I hear from other agents and the utter lack of nightmares I have had with mine, I believe Realtor competence has a lot to do with it. My clients did not sign anything and got written full releases from future deficiency judgements. Both clients should have relatively little credit damage and should be back in homes they can afford in 2 or 3 years. Btw, I am not a “short sale expert” and never claim to be. There is no such thing. The folks claiming to be short sale experts are setting themselves up to be sued in a big way down the road. One of the biggest voices out there posts approval letters on his site claiming they are full releases when clearly they are not. I expect that he will be sued many times in the next few years.

sdr

[sdrealtor]

Rus,
A couple things. While you were generalizing, you gerneralized comments and SD R’s would like lead readers to arrive a false conclusions. Based upon all the short sale nightmares I hear from other agents and the utter lack of nightmares I have had with mine, I believe Realtor competence has a lot to do with it. My clients did not sign anything and got written full releases from future deficiency judgements. Both clients should have relatively little credit damage and should be back in homes they can afford in 2 or 3 years. Btw, I am not a “short sale expert” and never claim to be. There is no such thing. The folks claiming to be short sale experts are setting themselves up to be sued in a big way down the road. One of the biggest voices out there posts approval letters on his site claiming they are full releases when clearly they are not. I expect that he will be sued many times in the next few years.

sdr

[sdrealtor]

Rus,
A couple things. While you were generalizing, you gerneralized comments and SD R’s would like lead readers to arrive a false conclusions. Based upon all the short sale nightmares I hear from other agents and the utter lack of nightmares I have had with mine, I believe Realtor competence has a lot to do with it. My clients did not sign anything and got written full releases from future deficiency judgements. Both clients should have relatively little credit damage and should be back in homes they can afford in 2 or 3 years. Btw, I am not a “short sale expert” and never claim to be. There is no such thing. The folks claiming to be short sale experts are setting themselves up to be sued in a big way down the road. One of the biggest voices out there posts approval letters on his site claiming they are full releases when clearly they are not. I expect that he will be sued many times in the next few years.

sdr

[sdrealtor]

Rus,
A couple things. While you were generalizing, you gerneralized comments and SD R’s would like lead readers to arrive a false conclusions. Based upon all the short sale nightmares I hear from other agents and the utter lack of nightmares I have had with mine, I believe Realtor competence has a lot to do with it. My clients did not sign anything and got written full releases from future deficiency judgements. Both clients should have relatively little credit damage and should be back in homes they can afford in 2 or 3 years. Btw, I am not a “short sale expert” and never claim to be. There is no such thing. The folks claiming to be short sale experts are setting themselves up to be sued in a big way down the road. One of the biggest voices out there posts approval letters on his site claiming they are full releases when clearly they are not. I expect that he will be sued many times in the next few years.

sdr

[sdrealtor]

Rus,
A couple things. While you were generalizing, you gerneralized comments and SD R’s would like lead readers to arrive a false conclusions. Based upon all the short sale nightmares I hear from other agents and the utter lack of nightmares I have had with mine, I believe Realtor competence has a lot to do with it. My clients did not sign anything and got written full releases from future deficiency judgements. Both clients should have relatively little credit damage and should be back in homes they can afford in 2 or 3 years. Btw, I am not a “short sale expert” and never claim to be. There is no such thing. The folks claiming to be short sale experts are setting themselves up to be sued in a big way down the road. One of the biggest voices out there posts approval letters on his site claiming they are full releases when clearly they are not. I expect that he will be sued many times in the next few years.

sdr

[sdrealtor]

Both responses above are not accurate. Short sale packages from most banks are pretty cursory IMO. Short sales can and do happen when there are no late payments and the seller can make the payments. I closed one such transaction last week and another will close next week. The key is understanding how to negotiate them properly with the lenders and why I will likely have a career year in 2009.

[sdrealtor]

Both responses above are not accurate. Short sale packages from most banks are pretty cursory IMO. Short sales can and do happen when there are no late payments and the seller can make the payments. I closed one such transaction last week and another will close next week. The key is understanding how to negotiate them properly with the lenders and why I will likely have a career year in 2009.

[sdrealtor]

Both responses above are not accurate. Short sale packages from most banks are pretty cursory IMO. Short sales can and do happen when there are no late payments and the seller can make the payments. I closed one such transaction last week and another will close next week. The key is understanding how to negotiate them properly with the lenders and why I will likely have a career year in 2009.

[sdrealtor]

Both responses above are not accurate. Short sale packages from most banks are pretty cursory IMO. Short sales can and do happen when there are no late payments and the seller can make the payments. I closed one such transaction last week and another will close next week. The key is understanding how to negotiate them properly with the lenders and why I will likely have a career year in 2009.

[sdrealtor]

Both responses above are not accurate. Short sale packages from most banks are pretty cursory IMO. Short sales can and do happen when there are no late payments and the seller can make the payments. I closed one such transaction last week and another will close next week. The key is understanding how to negotiate them properly with the lenders and why I will likely have a career year in 2009.

[sdrealtor]

The fall in November sales is likely due to the fall in the number of RE’s getting listed. REO’s at the low end have been driving the volume numbers as investors go bargain hunting, With the cut in REO’s hitting the market a concurrent drop in sales of these low end investor specials would be expected. These are not the homes I was referencing in my original post.

[sdrealtor]

The fall in November sales is likely due to the fall in the number of RE’s getting listed. REO’s at the low end have been driving the volume numbers as investors go bargain hunting, With the cut in REO’s hitting the market a concurrent drop in sales of these low end investor specials would be expected. These are not the homes I was referencing in my original post.

[sdrealtor]

The fall in November sales is likely due to the fall in the number of RE’s getting listed. REO’s at the low end have been driving the volume numbers as investors go bargain hunting, With the cut in REO’s hitting the market a concurrent drop in sales of these low end investor specials would be expected. These are not the homes I was referencing in my original post.

[sdrealtor]

The fall in November sales is likely due to the fall in the number of RE’s getting listed. REO’s at the low end have been driving the volume numbers as investors go bargain hunting, With the cut in REO’s hitting the market a concurrent drop in sales of these low end investor specials would be expected. These are not the homes I was referencing in my original post.

[Author]

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