Despite New Programs, Short Sale Chaos Still Reigns!
I think the lesson that we can all take from this is that patience will ultimately be rewarded
. The process is evolving. As the saying goes, "There are no perfect people, only perfect intentions." Lenders are now working with borrowers and Realtors far more closely than they have in the past. However slowly, it appears that the short sale process is becoming more user friendly as time progresses. Although Realtors may have to wait for the next market cycle to see any kind of utopian short sale system, homeowners facing foreclosure are far less likely to have the bank pull the rug out from under them than ever before, and helping homeowners is what the whole "short sale thing" is all about.
Despite New Programs, Short Sale Chaos Still Reigns!