Shortsale (has Anybody Been Sued?)
I wrote a letter to a home owner whose house financial difficulties was posted on the the public records. He called me on the phone and he told me that there was powder in the letter that I'd sent them. I explained to him that i didn't know about the powder and my interest was buying his house if he was interested in selling. He told me that he had already called the police. I told him once he is done with the police he can call me if he still interested in selling the property. He did not call back neither do I know what happened whether he is trying to sue my company thinking Iam a big shot or what. My heart skipped a beat. Anybody who has ever had an experience like this? 
Once in a while I get a call from someone who's mad for their own financial irresponsibilities and they want to vent on someone. I let them vent and get to the top of the mountain so to speak. Mostly they want to know how I got their information or why Im butting into their affairs so I educate them and let them know that the information is current and that I got it from the county recorders office, that it was posted in the local business paper, that its on the trustee's website or automated sales line, etc. I have had people say its harrassment and I tell them sending a letter and postcard at the first notice of default and then again 30 days prior to sale surely does not constitute harrassment. Some will threaten to sue and so I tell them that I dont discuss legal matters on the phone without my attorney and that they can feel free to send me a written complaint. I never hear from them again. I then remove them from my mailing or call list. Its part of this business and with each one you get stronger and will come to expect a few now and then.
dear GJB,
Thank you; It makes me feel better. The only thing is that I did not ask the caller what the house was or his name and they are still in my data base, there are high chances I might write him again.
I have another question. Is it all right to shortsale when it is only two days to the foreclosure date?
Wangui:
2 days will probably not be enough time to even get back the payoff figures from the bank. The answer to your question is no.
Dear Jorge 121
What is the minimum days from the foreclosure?
Thanks in advance
no set minimum but you need enough time to: 1) get back the payoff figures, 2) get financial and other information from the seller to enable you to put together a proposal; 3) put together the proposal and submit it; 4) have the loss mitigation department review and approve the proposal; 5) order title work; 6) get your funding lined up; 6) close on the deal. Two weeks would be a bare minimum