Seeking closure on short-sale holdups
Realtors ramp up call for standards
By Gilbert Mohtes-Chan, Thursday, May 7, 2009.
All too often, short sales are really l-o-o-n-g sales -- it can take many weeks and months to close a deal.
And patience is increasingly wearing thin across the country as real estate agents become more vocal over the agonizing process. They argue that clearing the nation's huge inventory of distressed properties is paramount to resuscitate an ailing housing market and sputtering U.S. economy.
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