Short Sale Frustrations

Back in the first part of April, we had an offer on a short sale home accepted by the seller. It was immediately passed on to the lender for their approval. As of yesterday June 22nd, we still had no response from the lender. We have not even received a time table from the lender. I don't blame the listing agent, he seems to be diligently working to get a response. Sure the lender needs time to make sure they get as much money out of the transaction as possible but you think they would be able to do that in less than 11 weeks. As long as my client wants to stay involved we'll continue to regularly call the listing agent for updates. Hopefully the lender will respond soon.

Celebrating 20 years in real estate!

I graduated from the Harvard Extension School at Harvard University in Cambridge Massachusetts in June of 1989. Three days later I was working full time as a Sales Associate for a real estate company in Nags Head. It has now been 20 years working in the Outer Banks real estate sales industry! Those twenty years have flown by and some great things happened during that time including being the Outer Banks Realtor of the Year twice, being President of the local Realtor association and writing a book on real estate. Who knows what the next twenty years will bring but one thing is for sure and that is I'll be helping people improve their lifestyle through homeownership on the Outer Banks.