{"id":10601,"date":"2008-09-22T21:47:30","date_gmt":"2008-09-23T01:47:30","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=10601"},"modified":"2019-04-23T20:57:09","modified_gmt":"2019-04-23T20:57:09","slug":"short-sales-take-a-long-time","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/short-sales-take-a-long-time\/","title":{"rendered":"Short Sales take a Long Time"},"content":{"rendered":"<p>I am writing this while waiting for a 119 page fax to go through <em><strong>for the fifth time<\/strong><\/em>.\u00a0\u00a0 The other four efforts failed.\u00a0 The fax is going to Chase and it contains 2 offers for one of my short sale listings, along with all the &#8220;required&#8221; paperwork.\u00a0 I called Chase and after waiting for 15 minutes to get through to an operator I was told to &#8220;just keep trying to send the fax, they only have one fax machine and there are 4 numbers are attached to it.&#8221;\u00a0 This just blows my mind.<\/p>\n<p>If banks are really, truly, trying to prevent foreclosures then why in the world do they make it so difficult for Realtors to send offers to them.\u00a0 I know that I must\u00a0wait weeks, maybe months, before I can expect an answer to the offer so I have prepared myself for that.\u00a0 What I don&#8217;t understand is the system of submitting the offers.<\/p>\n<p>Last week I attended a seminar by Lee Honish, a former Head Loss Mitigator for Indy Bank.\u00a0 He\u00a0was very direct with his explanation of what to expect when submitting a short sale offer for consideration.\u00a0 For the mere price of $1,200.00 I could purchase his system and become a wiz at getting my offers excepted.\u00a0 I was tempted but thought better about it.\u00a0 Why won&#8217;t the banks give free seminars and allow us to learn their system so we can help them?\u00a0 Why do agents have to wonder if they need to get a Certified Distress Property Expert designation, costing\u00a0 $599.00 in order to help someone save themselves from a foreclosure?<\/p>\n<p>If someone asked me today if I would choose real estate as a career I would have to think twice about it.\u00a0\u00a0 Do I want to become a &#8220;short sale expert&#8221; in order to survive in this market for the next 3 years?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am writing this while waiting for a 119 page fax to go through for the fifth time.\u00a0\u00a0 The other four efforts failed.\u00a0 The fax is going to Chase and it contains 2 offers for one of my short sale listings, along with all the &#8220;required&#8221; paperwork.\u00a0 I called Chase and after waiting for 15<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/short-sales-take-a-long-time\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5759,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - 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