Hellooooo my Beautiful Wonderful San Francisco Bay Area!!… The Burning Question of the Day!!
Everyone listen up… NOT ALL BANKS have the same requirements to close short sales… Dont Assume they’re all the same… ding ding ding… please wake up sellers, buyers and agents!!… 
The short sale process is generally as follows…
- Complete Short Sale Package from seller and submit…
- Submit Offer…
- Bank acknowledges receipt…. 10 to 30 days…
- Bank orders BPO or appraisal… 30 to 60 days…
- File is reviewed… 30 to 60 days…
- Negotiator is assigned… 30 to 60 days…
- Level 2 Negotiator may be assigned… 30-60 days…
- File is approved or rejected… 60-120 days…
If you’re running past 120 days… its possible the listing agent or a 3rd party negotiator isnt on the ball and very lax in contacting the bank… calling the bank can mean waiting on hold anywhere from10 minutes to an hour or longer… or it could also mean the bank has internal problems ie) not enough staff or lost the file a few times… causing agents to resend packages over and over… You cant always avoid problems in a short sale… PATIENCE is key… threats to walk away from your offer means nothing to the bank… stick it out and wait… if you really truly want the home….
Thanks for checking in… your comments are always welcome…
Come back and visit all the time!!…
Isi
Isi Wu… the realtor for you…
Serving Clients All Over the Eastbay…
“Real generosity is doing something nice for someone who will never find out.” ~ Frank A. Clark
Helloooo My Beautiful Wonderful San Francisco Bay Area… Just sharing this wonderful thought with you… Isn’t this one of the most loveliest, thoughtful gifts we can ever aspire to do for someone?… It definitely inspires and challenges me to be a better person…
Happy Happy Friday… the weekend is here!… Cheers!!…
Thanks for checking in… your comments are always welcome…
Come back and visit all the time!!…
Isi
Isi Wu… the realtor for you…
Serving Clients All Over the Eastbay…
Helloooo & Good Morning My Beautiful Wonderful San Francisco Bay Area!!… brrrrrrrrr chill in the air…this was the perfect morning to stay under the covers and listen to the morning news… NOT… jumped up, gargled some mouthwash, layered up in comfy sweats, my ipod in hand …off for a brisk “good for me” walk at my very most favorite place to go walking… the San Leandro Marina… If you’ve never been… you’ll love it!!.. 
The best course for me is the oval concourse… walk all the way around it equals 1 mile… gentle upslopes and downslopes and straightaways with exercise apparatus strategically scattered along the way… with the awesome Bay water views all along the way… Its the best… Lots of folks love it as much as I do… its very addicting and so good for your spirit and health…
http://bit.ly/2HiKtr
When I’m done… I’m totally refreshed and ready to face the day! If you dont walk… try it… you just might like it!…
Have a Great Day Everyone!!… Cheers!…
As always… Thanks for checking in… your comments are always welcome…
Come back and visit all the time!!…
Isi
Isi Wu… the realtor for you…
Serving Clients All Over the Eastbay
Just read this article by Gil Linton and thought it was pretty insightful… It struck me that this same train of thought could be applied to how we view the business of real estate here in our beautiful cities by the San Francisco Bay … check it out..
http://tinyurl.com/yfy9onb
Your thoughts???…
As always… would love to hear back from you… I welcome your feedback… Lets Start a Dialogue!…
Save Me in your Favorites and come back and visit all the time!!…
Thanks a Bunch for your time today…
Isi Wu… the realtor for you…
Serving Clients All Over the Eastbay…
