For those that dislike to do Short Sales...I'm here to tell you I do too! It's a lot of paperwork, time spent on phones and a LONG tedious process to get from start to finish.
BUT......
There are exceptions though. I had the pleasure to work with a fine upstanding family who wanted to do the right thing. They had no choice but to list as a short sale after finding out through an independent appraiser that their home was not worth what they bought it for in 2007.
And there are the exceptions for those servicers at the borrower's lending institution who go above and beyond to help get the transaction through quickly....that make it an actual pleasant transition. I had the pleasure...this time...to work with great team players.
From start to finish....this short sale took a whopping TWO months and THREE weeks.
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Hawaii Home Buyer | SOME Military Qualify for Extended Tax Credit
The Home Buyer Tax Credit ended on April 30, 2010 but there are some "Qualified service members" (which means a member of the uniformed services of the U.S military, a member of the Foreign Service of the U.S., or an employee of the intelligence community) that may still qualify for the extension of this Home Buyer Tax Credit. Qualified service members who are ordered on a period of official extended duty are extended for one year. For these home buyers, the tax credit applies to sales with a binding sales contract in place on or before April 30, 2011 and closed by June 30, 2011.
READ THE DETAILS HERE:: http://www.federalhousingtaxcredit.com/service_mem.php
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Celeste "Sally" Cheeseman is a Realtor-Associate with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs she serves all Hawaii Home Buyers and Sellers on the island of Oahu (Honolulu County) including all Hawaii Military Relocating to Hawaii, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents.
Website: www.hawaiihomesmarket.com
Celeste "Sally" Cheeseman is a Realtor-Associate® and Certified Residential Specialist (CRS) with Century 21 Liberty Homes in Mililani, Hawaii. With a sharp understanding that a listening ear is the key to a client's needs she serves the island of Oahu (Honolulu County) and all Hawaii Military Relocations, Hawaii Retirees, Hawaii Job Transfers and Hawaii Residents, Home Buyers and Sellers.
© 2007-2012 Celeste "Sally" Cheeseman's Hawaii Real Estate and Relocation Blog.
All rights reserved.
Sally that is wonderful! it is so great when things go smoothly for both parties.. Hope you are doing well and look forward to my next visit to the islands:)
That must be the record for closing shortly! It's refreshing to hear it is possible.
Congratulations on a your sale, wishing you many more success.
Sally - that's pretty impressive. Congratulations on great work for your sellers. It must have been a pleasure working with such a great team, despite the circumstances. It seems like more short sales are closing, and faster, than in the past.
Jeff
WOW, Sally, that is a very short time to close a short sale. I have one right now almost 2 months still under review.
Way to go Sally.
They are getting easier or perhaps we're not expecting as much.
What I've noticed is that the consumer is now aware of "short sales". They don't know the details, but they know the term.
Sally some times we have to do the type of transaction that we do not like to do, because it is the right thing to do. Do I have enough "Do's" in there :)
Woo Hoo, Congratulations. I think I left a Congratulations message for you on Facebook but I am not sure . Feeling a bit spaced out today.
Question: The Windows side of my MAC has a hal.dll file that is missing or corrupt and no way to fix it. Apple doesn't know and I am without my MLS and my forms. Would you ask Gary if he knows ( may not because of the apple system) what can be done? I left message for Parallels today ( no response) that give access for Windows on the Mac but so far nothing is working. Apple says they don't fix software issues.
Thanks All...it's nice when everything falls into place!
William: Emailed you :)
While there are exceptions, they are few and far between!