So, Why are we doing Short Sales?

By
Real Estate Broker/Owner with Dagny's Real Estate

So, Why are we doing Short Sales?

Is this enough to make your blood boil?

Aren't we happy to "help" these short sellers?

Actually, we are helping them while we help the banks...

 There is something about this whole thing that bothers me, and almost makes me want to stop doing short sales.  But, ...  then I think of those sellers, and realize that I am heling them start over.

 

 

source - Phil Faranda via YouTube

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Charlie Ragonesi
AllMountainRealty.com - Big Canoe, GA
Homes - Big Canoe, Jasper, North Georgia Pros

I have seen this video before. It really is aggravating. I wonder how the deals work for the other banks

Jul 17, 2012 12:58 PM #1
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Carlie - It is amazing, isn't it?  How many banks were able to slide in on this?  Not many, I'm sure....

Jul 17, 2012 01:16 PM #2
Rainmaker
630,703
Janis Borgueta
Key Properties of the Hudson Valley ~ 845-527-7115 - Newburgh, NY
LIC R.E Salesperson - Homes for Sale Newburgh NY

the Banks are the ones that rule..pretty much everything .. and everyone.. they are good at what they do now aren't they...I have seen this before.... and it really makes me sad that more people don't get it..

Banks.. power and money... they own it lock stock and barrel..

Jul 17, 2012 06:57 PM #3
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Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

While it is sad to see that some people are making big profits, there is still the little guy that can't pay their mortgage that needs some help, and a short sale is the best that we can or are able to do right now.

Jul 17, 2012 08:33 PM #4
Rainer
149,761
Susanna Haynie
CO-RE Group, LLC -Real estate sales and services - Colorado Springs, CO
Colorado Springs Realtor - GRI, CNE, MCNE, ePro

Wow - that was interesting! I can't believe the tax payer is flipping the bill.

Aug 08, 2012 06:36 AM #5
Rainmaker
424,571
Frances C. Rokicki
Fran Rokicki Realty, LLC - Bolton, CT
Broker-Mentor,CRS

We really do need financial reform in our government.  Seems like they have forgotten who sent them to Washington, DC, unless, it's time for them to be re-elected.  Do they really think we don't notice what they are doing?  Sad, very sad.

Aug 19, 2012 10:03 AM #6
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

It's hard to believe that this is actually going on, and most of us are totally unaware!   

Aug 19, 2012 10:23 AM #7
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Larry Lawfer
YourStories Realty Group - Westwood, MA
"I listen for a living." It's all about you.

Absolutely maddening how profits are being distributed back to the people who are causing this mess.

Aug 20, 2012 07:09 AM #8
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Dagny Eason

Fairfield County CT, CDPE Homes For Sale and Condo
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