Short Sales With Fairbanks, ABN AMRO, Was Mutual

I have noticed that 75% of my short sale opportunities are with Fairbanks, ABN AMRO, and Washington Mutual. Out of the three I seem to have the most success with Fairbanks and the least with Washington Mutual. Has anyone had any experience with these companies? What has your experience been? I'm learning that each company has a different way that they do business. Fairbanks seems to be more receptive to my offers and give me immediate feedback, while Washington Mutual is hard to get through to. Two of my offers have been accepted at ABN AMRO but the process has been draining. Any feedback would be helpful.

Comments(3)

  • makingaliving5th January, 2004

    I'm about to close a deal with ABN Amro. It took them a while to get all the addendums to me and then signed by them. They also drug their feet about turning on the utilities so that I could do a proper inspection. Other than these, I guess everything will be ok for the closing. What kind of problem did you have with them and Wash Mutual?

  • homebuyer135th January, 2004

    Wouldn't say I had a real problem, they were just slow. I should have my acceptance letter by Tuesday. They took a while to send a BPO were not too repsonsive. My short sale techniques helped me out a bit but they still put me through the ringer.

  • millionaireinthemaking5th January, 2004

    Hi homebuyer13,
    Would you mind sharing your short sale techniques with some of us newbies?
    Thanks!

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