I managed to get another home sold as a short-sale last week for a buyer client. This one was in Herndon and is a pretty big house, but it was grueling for my clients as information came super-slow from the other side. Honestly, the whole set up stinks because everyone (buyer, seller, agents, inspectors, and even the attorney’s) are working at the whim and discretion of the bank which can reject the whole thing at the last minute.
A few month’s ago I put together a post on real estate short-sales and what to expect, but now feel that it takes a tremendous leap of faith from everyone involved to get one of these done. I believe that these clients submitted three short-sale offers before getting this home.
Here are my random musings…
