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Submitted by henry b. nathan on May 8, 2009 - 3:20am.
I am worried now about a lot of links to real estate sites, that I posted mostly a couple of years ago. I must have about three or four hundred of them.
Do you think that it would be wise to remove them completely?
Submitted by Terry Kelly on May 8, 2009 - 9:30am.
The short sale process is a frustrating amalgam of disfunctional bank departments with no coherent procedure for accomplishing the task of unloading the non performing assets. Until the industry gets its act together to formulate a universally accepted process, it will continue to experience fits and spurts with regard individual transactions. I have seen very easy and timely short sales and some end in disaster, with no reason for the diparity. It is true that the banks are not intelligent nor reasonable in their response to this current wave of hardship sales. It begs for proper enforcement and direction from the source of the banks lifeline, the federal government, with deference to the taxpayers (borrowers) that feed the monster.
Terry Kelly
Kelly Properties
Willow Glen, CA 95125
www.TerryKelly.net