Memoirs of a Short Sale Loss Mitigation Rep
So I spoke with a loss mitigation representative working on short sales in Phoenix. She works out of the Countrywide office in Tempe, AZ. I was slightly frustrated when talking with her because one of my short sale packages just wasn’t getting to the short sale department. No matter how many times I sent it no one was receiving this package. In was during my rant of frustration that this lovely woman provided words of realization. She explained that they, the Countrywide short sale department, received a couple thousand faxes a day at least. I took a few seconds and imagined a small room with papers shooting out of an extremely small and outdated fax machine. I chuckled to my self, thanked the woman for her time, and hung up the phone with a new found perspective.
- Jeff Buettner
Real Estate Wiz Kid
I would like to talk to a Scottsdale Realtor about selling my house…
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And then once you are far along in the short sale transaction and almost have an approval, you have the original loss mitigator that you’ve been working with for a month or two quit because they are overworked.
Well Paul,
Its sounds like you have felt the pain when that happens.
Have you negotiated many short sales?