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Updated over 14 years ago,
SS double close!! WAHOOO
9 month negotiation - 3 bpos - crappy attorney negotiator -- brought $2800 for second lender - lost 3 buyers - had two extensions on first - miner issues at closings and finally double closed
$26,000 net profit
Short sales are not for the weak of heart, but if you can persevere, certainly worth it.
I get a kick out of agents who say we "hold up properties" - ummmm, YES I DO, and we also get it done.
Sellers were PSYCHED to stay in house extra time, end buyers were PSYCHED they got a house about 10% under market value, both buyers and sellers agent psyched.
Here's my visa commercial
House cleanout: $200
Payment to second lender to get deal done: $2800
Smokes and water certs: $100
Happiness for all parties involved in same day closings: PRICELESS
:D