Short Sales- As unique as the people who are working on them.

We are working on several short sales today. It never ceases to amaze me on how different each one is. Just like each file has a different negotiator assigned to it, each transaction is as unique. We have one where the bank is working closely with us and setting the current list price to help get it sold. We have another that has been verbally approved but wouldn't send us the official approval letter, So we had to contact a VP in charge to get them to move on the file, We were told we would have it by Friday. Each transaction presents its own individual situation but with proper preparation and knowing what is needed, we can normally anticipate what the bank will want and have it ready for them the moment they ask.