Yesterday was a great day because we got 3 of our short sale deals approved. Yeah! Below is what a short sale approval letter looks like. It was listed by one of our lovely Angel Lynn agents Veronica Rodriguez. She is pretty happy because I think it's her first short sale approval:
Negotiating short sales can sometimes take months and months of follow-up and negotiation work... when we finally get the approval it's time for a small celebration.
It's not all over till the deal closes. But the toughest part (getting the bank to say YES) is out of the way. Now it's time to manage these transactions to a successful close in 30 days or less, depending on the type of loan the buyers are using.
Big thanks to our staff short sale negotiator Angela O'Neil who deals with the banks. Without her we wouldn't be the awesome short sale specialist team that we are.
Thursday, May 14, 2009
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