SHORT SALE DELAYS

In the past Loss mitigators typically took a long to begin the process required to do a Short Sale. Even a proactive homeowner who hires someone with Short Sale experience the likelihood of success is minimal. Now with the saturation of Foreclosures on the market that's not expected to improve once lenders once again consider doing Short Sales.

I don't see where they'll be any significant improvements to the process but perhaps there will be more willingness on the lenders part to approve rather than deny a Short Sales.

In the meantime continue to educate and improve your submission process as much as possible now while waiting. At least if there is a delay it won't be caused by you.


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