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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: renovator who wrote (283005)10/13/2010 11:45:42 AM
From: koanRead Replies (1) of 306849
 
If the banks had a good sstem for short sales they could have avoided a lot of this. The two short sales I am involved in the buyer's made offers near or at appraisal, are doing all repairs and the bank is only paying 1% of sellers closing costs.

Yet we are five months into both deals and still do not have either of them closed. And now realtors are refusing to do them.

I know I have done my last short sale.
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