Yes in the world of short sales you do not hear the words short sale and smoothly go together very often. In this deal it did.
Not only was the buyer, seller and Broker on the same page but the lender communicated very clear and concise throughout the whole deal.
There is a lot of follow through and jumping threw the hoops when the bank needs the information, but surprisingly enough this deal went together smooth, easy and with no real hic-ups to speak of…Yeah, the banks are getting the hang of it.
This year in Colorado Springs I checked with the public trustees office. There are more foreclosures starts then last year but less final foreclosures because the homes are getting bought in a short sale or regular sale now that values are growing and there is enough equities for sellers to sell their home without having to come to table with money they don’t have. Times are looking UP!
