It’s been hard for me to explain why short sales are just plain difficult, and now a fellow blogger has taken the time to really put it all together. Frank Llosa’s perspective in “Short Sales Are ‘Fake Listings’ Only 5% Close” is well worth your time to read.
H/T to Peter Coy at Business Week
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Thanks for the mention. I too will never have to talk about it again, I will just send them a link.
Thanks for sharing Dru, it will help me ask the right questions, and direct my clients on those pesky Short Sales.