short sale, short sale experts
The real estate market is so dicey right now that even short sale experts are leery of short sale transactions. Although lots of people want to jump in on these kinds of real estate deals because they think that they will be fast and easy, it's turning out not to be true. In fact, many short sale experts are choosing to invest in foreclosed homes because the deals are a lot easier to finish off than waiting for a short sale to be approved by the bank, the holder of the second mortgage and everyone involved in the homeowner's home equity loan. Investors who want to buy short sale properties, even experienced people who have gone through realtor short sale training are finding that the banks and mortgage lenders are really dragging their feet when it come to final approval for short sales. It's turning out to be a lot easier to buy and close on foreclosed homes becasue the banks and other mortgage lenders own them outright and can make quick decisions. With short sale properties it's a case of too many cooks spoiling the broth and dragging everything out far too long.