Future Of ShortSales?

Hello Everybody

During a recent conversation with a real estate investor who does shortsales said that they are going to be a less common option for the banks. He mentioned that the banks were likely to make a new department and get more involved with local participation by real estate companies to sell them. Is this true? What are your thoughts on this? What are the future trends for ShortSales?

JB

Comments(5)

  • taylorbau24th July, 2005

    I just had to chime in here and say, what a legendary response by SSP, not taking anything away from the question at all.....Genious!!

  • bgrossnickle24th July, 2005

    In Central FL the number of Les Pendens has dropped dramatically from last year. Is the economy better, is the bank wiling to work with the morgagor, are people selling their house in this hotmarket prior to foreclosure - I do not know. But something has changed the numbers of Les Pendens.

    Brenda

  • dustylee24th July, 2005

    do you think people who do loss mitgation specialist
    as a business are saving more homes for people
    just curious.

  • jblanco25th July, 2005

    Thank you from your information. I will be putting more tools is in the tool box.

  • doublej090627th July, 2005

    I am just doing it. But the mittigator is just treating me like a child right now.

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