Comments on: Denver Short Sales and Why They Suck! http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/ Contact us at 303.770.1180 or info [at] gethomedenver dot com Tue, 10 Apr 2012 18:10:41 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Buying REO Properties | Article Animal http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1205 Buying REO Properties | Article Animal Sun, 22 Feb 2009 01:21:56 +0000 http://bloghomedenver.com/?p=847#comment-1205 [...] Denver Short Sales and Why They Suck! (bloghomedenver.com) [...] [...] Denver Short Sales and Why They Suck! (bloghomedenver.com) [...]

]]> By: R. Slate http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1191 R. Slate Thu, 12 Feb 2009 17:17:30 +0000 http://bloghomedenver.com/?p=847#comment-1191 I agree with the author, the system is flawed but it does keep the owner out of foreclosure. I agree with the author, the system is flawed but it does keep the owner out of foreclosure.

]]> By: Listing Price Strategy for Real Estate | The Finance Sentinel - Your Site for Mortgage, Investing, Debt Management, and Credit Card Information http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1181 Listing Price Strategy for Real Estate | The Finance Sentinel - Your Site for Mortgage, Investing, Debt Management, and Credit Card Information Mon, 09 Feb 2009 18:23:05 +0000 http://bloghomedenver.com/?p=847#comment-1181 [...] Denver Short Sales and Why They Suck! (bloghomedenver.com) [...] [...] Denver Short Sales and Why They Suck! (bloghomedenver.com) [...]

]]> By: » The Short Sale Flaws Revealed - Salt Lake City Cribs http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1107 » The Short Sale Flaws Revealed - Salt Lake City Cribs Fri, 02 Jan 2009 21:08:00 +0000 http://bloghomedenver.com/?p=847#comment-1107 [...]   I don’t mind being unable to show a house that there is very little shot at the buyer closing on. I actually appreciate it! But the entire short sale process is flawed. I don’t blame the Real Estate Brokers who are listing these properties, I blame the Banks!  The Brokers are just playing the game.  A game whose rules are set by the incompetent banks and lending institutions that started this whole fiasco.Blog Home Denver [...] [...]   I don’t mind being unable to show a house that there is very little shot at the buyer closing on. I actually appreciate it! But the entire short sale process is flawed. I don’t blame the Real Estate Brokers who are listing these properties, I blame the Banks!  The Brokers are just playing the game.  A game whose rules are set by the incompetent banks and lending institutions that started this whole fiasco.Blog Home Denver [...]

]]> By: Bob Schenkenberger http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1050 Bob Schenkenberger Wed, 24 Dec 2008 03:14:43 +0000 http://bloghomedenver.com/?p=847#comment-1050 Steve, thanks for the input! Maybe some of the $700++ Billion should be used to solve the problem, rather than increase the liquidity of the markets. When I get the invite from the Bank CEO's to solve their problem, I'd like to have you join me! <abbr><em>Bob Schenkenbergers last blog post..<a href="http://feeds.feedburner.com/~r/GetHomeDenver/~3/493383667/" rel="nofollow">Happy Holidays from the Get Home Denver Team</a></em></abbr> Steve, thanks for the input! Maybe some of the $700++ Billion should be used to solve the problem, rather than increase the liquidity of the markets.

When I get the invite from the Bank CEO’s to solve their problem, I’d like to have you join me!

Bob Schenkenbergers last blog post..Happy Holidays from the Get Home Denver Team

]]> By: Steve Russell http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1048 Steve Russell Wed, 24 Dec 2008 00:25:13 +0000 http://bloghomedenver.com/?p=847#comment-1048 Let me just say, as a mortgage professional, it is no less frustrating for me either. Most of the mortgage companies are so overwhelmed with defaulted loans that they literally don't know how to handle the volume. So, instead of hiring and training and (god forbid) come up with an intelligent set of parameters to follow, they continue down the road of 90 day closings and 6 day follow up times. It is beyond ridiculous. Let me also add, if you are a shareholder in Citigroup....sell your stock now. That organization is the losing money by the truck loads because they refuse to adjust with the market and take a proactive stance and helping some of these short sales follow through. The worst part is that a short sale is better for everyone involved if they would just step up and facilitate the transaction. <abbr><em>Steve Russells last blog post..<a href="http://feeds.feedburner.com/~r/PensacolaMortgageSolutions/~3/491635686/" rel="nofollow">Hurricane Ike At Perdido Key</a></em></abbr> Let me just say, as a mortgage professional, it is no less frustrating for me either. Most of the mortgage companies are so overwhelmed with defaulted loans that they literally don’t know how to handle the volume. So, instead of hiring and training and (god forbid) come up with an intelligent set of parameters to follow, they continue down the road of 90 day closings and 6 day follow up times. It is beyond ridiculous.

Let me also add, if you are a shareholder in Citigroup….sell your stock now. That organization is the losing money by the truck loads because they refuse to adjust with the market and take a proactive stance and helping some of these short sales follow through. The worst part is that a short sale is better for everyone involved if they would just step up and facilitate the transaction.

Steve Russells last blog post..Hurricane Ike At Perdido Key

]]> By: The Get Home Denver Team « Salt Lake City Cribs http://bloghomedenver.com/2008/12/18/denver-short-sales-and-why-they-suck/#comment-1027 The Get Home Denver Team « Salt Lake City Cribs Sun, 21 Dec 2008 20:51:30 +0000 http://bloghomedenver.com/?p=847#comment-1027 [...] I don’t mind being unable to show a house that there is very little shot at the buyer closing on. I actually appreciate it! But the entire short sale process is flawed. I don’t blame the Real Estate Brokers who are listing these properties, I blame the Banks!  The Brokers are just playing the game.  A game whose rules are set by the incompetent banks and lending institutions that started this whole fiasco.The Get Home Denver Team [...] [...] I don’t mind being unable to show a house that there is very little shot at the buyer closing on. I actually appreciate it! But the entire short sale process is flawed. I don’t blame the Real Estate Brokers who are listing these properties, I blame the Banks!  The Brokers are just playing the game.  A game whose rules are set by the incompetent banks and lending institutions that started this whole fiasco.The Get Home Denver Team [...]

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