I would keep calling them and ask to speak to a supervisor - harssing them might get you to finally speak to someone. :)In the meantime get your funds ready to purchase the property at auction (probably a hard money loan, unless you have cash), purchase the property and eventually refinance.

The county board of supervisors raised the levy last year and my personal property taxes went up over $600, they was no real explanation as to why they did it, we are not operating at a deficit in my county.

Hi Folks,

I work for a major investment firm. I've been thinking about proposing that we start either a lending library or a book of the month club for my department(150 people or so)with books ranging from personal...

In terms of drops I am not talking every 30 to 60 days.I am talking every 3 to 4 days or 1 week max.If this was a property needing a bunch of work I wouldn't overprice it when listing it.If the seller wasn't realistic I wouldn't list the property.I have over a thousand investors in my database built up over the years.It is guaranteed that when I take the listing only when priced right and market it I will not need a wholesaler.I will easily land a direct investor or buyer for purchase.The more people you have in a chain the more complex the deal gets.I like to keep it simple,control it,and close it.The point I was making before is if a property is listed at 80,000 and the investor offer is 40,000 then for the seller simply reduce 1 to 2 times every week until an offer comes in.It doesn't do harm to list it a little high to start out for the first week or two but then you have to reduce ahead of the curve to sell quick.Banks do this all the time.When I list a commercial short sale it is very rare for a bank to take the first offer.If I have it listed at 400,000 and the payoff is 1 million.I might get 5 offers in.One at 380,420,460,540,410 etc.That market value isn't the loan balance but what current sold comps are.By the asset manager reviewing price and terms of each offer and the net the bank sees that the property has had full exposure and here is the top of the value they can extract for the file.The asset manager then shows the supervisor,director etc. to get final approval.While it is true a seller has holding costs they have to weigh the price offered versus what they could get if they hold out a little longer.Banks sell thousands to tens of thousands of properties a year so they know how to extract top dollar for a property.Sometimes you get lucky and land a new asset manager or buy at the right time of the year when banks want to dump the property.

Nevermind, you can always resubmit an offer, or ask for a supervisor.

I still think I've got his emails along with his supervisor. they were the least bit concerned that I was working the short and was told it would be postponed, they were more concerned with giving the REO guy at bankunited.

Sometimes it is a vicious circle when you work hard your entire life at your job to get the recognition from your supervisors and family, but it never seems to come.

When the loss mitigators are negotiating the terms, they need to show their supervisors that they are improving their net.

All you can do is play hardball back, and if that fails, try to get to a supervisor who may be more interested in the concept that something is better than nothing.

You sit there for about 8 hours a day, following rote learning techniques that allow you to replicate your productivity over and over, and following the instructions of the person in charge while being discouraged from challenging the basic principles of the system.Anyone who can achieve those goals makes an excellent employee in a typical retail or manufacturing workplace...but not a very good innovator...I've run organizations focused on "technology innovation" for a couple of the largest tech companies in the world, so I know the skills, approaches and personalities it takes to be successful at innovation.