Comments on: Short Sales in Fairfax http://ourfairfax.com/2008/06/26/short_sales_in_fairfax/ Our Neighborhoods, Our Community, Our Fairfax Sat, 22 Nov 2008 11:30:12 +0000 http://wordpress.org/?v=2.6.2 By: Cindy Jones-Associate Broker/REMAX Allegia http://ourfairfax.com/2008/06/26/short_sales_in_fairfax/#comment-469 Cindy Jones-Associate Broker/REMAX Allegia Fri, 27 Jun 2008 23:08:33 +0000 http://ourfairfax.com/?p=33#comment-469 Jeff, The banks need to step up to the plate and get these short sales done. There really isn't an excuse for a negotiator to sit on a valid contract for 60 days or more. No one wins when this happens. The bank ends up with the expense of foreclosure, the buyer doesn't get the home they want and the seller has ruined credit. It doesn't make much sense does it? Jeff,

The banks need to step up to the plate and get these short sales done. There really isn’t an excuse for a negotiator to sit on a valid contract for 60 days or more. No one wins when this happens. The bank ends up with the expense of foreclosure, the buyer doesn’t get the home they want and the seller has ruined credit.

It doesn’t make much sense does it?

]]> By: Reader response to short sales issue of Commonwealth | VARbuzz http://ourfairfax.com/2008/06/26/short_sales_in_fairfax/#comment-468 Reader response to short sales issue of Commonwealth | VARbuzz Fri, 27 Jun 2008 12:24:13 +0000 http://ourfairfax.com/?p=33#comment-468 [...] from these articles. One comes from the Memphis Area Association of REALTORS®.  The other from Jeff Royce, a Fairfax REALTOR® who was quoted in one of the articles and explained his position more fully on his [...] [...] from these articles. One comes from the Memphis Area Association of REALTORS®.  The other from Jeff Royce, a Fairfax REALTOR® who was quoted in one of the articles and explained his position more fully on his [...]

]]> By: Chris Shouse http://ourfairfax.com/2008/06/26/short_sales_in_fairfax/#comment-467 Chris Shouse Fri, 27 Jun 2008 01:20:30 +0000 http://ourfairfax.com/?p=33#comment-467 I agree that a person looking for a home should look at other options. I have had clients that needed to move within 90 days and had to extend their lease at apartments because the lender had not answered yet. The lenders it would seem would rather the home go into foreclosure than take a short sale. Very few go through. I agree that a person looking for a home should look at other options. I have had clients that needed to move within 90 days and had to extend their lease at apartments because the lender had not answered yet. The lenders it would seem would rather the home go into foreclosure than take a short sale. Very few go through.

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