Joe Moshe, Broker/Owner of Charles Rutenberg Realty believes it will “slightly” speed up the process, in that the desire is there for the Bank and the consumers. What will continue to delay the process are low offers being submitted to the bank, condition of property, mortgage approvals, seller cooperation and more. If the process does dramatically improve, which he doubts, then we’ll see more buyers interested in short sales, which could increase competitive bidding, which will raise prices.
Click on the button below to find out more about the latest changes in the short-sale process and how they will impact the short-sale market:
[button link=”http://www.washingtonpost.com/realestate/short-sellers-may-benefit-from-policy-change/2012/04/26/gIQAGseVmT_story.html” type=”small” color=”purple” newwindow=”yes”] Short Sale Article[/button]
Latest posts by Joe Moshe (see all)
- Vote for Charles Rutenberg Realty, Inc. - November 15, 2017
- Tax Plan Should Also Include Local and State Tax Deduction to Benefit Homeowners - November 12, 2017
- Pam & Joe Honored as Heroes at CHI 25th Anniversary - November 9, 2017