I’m a Realtor. Here is what I am NOT – I am not a bomb diffuser, not an attorney, not a rocket scientist, not your mother and I am not a Realtor licensed in every state.
So please for the love of all that is good in this world – DO NOT take my word for anything here. Do your own due diligence, talk to your broker, talk to your attorney, ask around, check out other blogs if you like. Realtors, be cautious about making any ‘absolute’ statements to your clients as things are changing daily related to short sales. Please don’t imagine that going to seminars held by banks is a place to get your answers. The bank is looking out for the bank, not for you the consumer or your clients (my fellow Realtors) as you need to be doing!
Good Luck out there and please don’t learn to do Short Sales by trying it on an unsuspecting home owner. There is ALWAYS the risk that a short sale will not be successful even with the most gifted and skilled real estate agent, but being unskilled and uneducated in short sales equals failure. You’re failure means they lose their home to foreclosure and all of the negative impact that goes with it. This is no time to play around with your ego and other peoples lives.
~Bobbie Files





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