I posed this question once on facebook...if the banks handle their REO's electronically why not handle short sales the same manner. I knew that one day...a bank or banks would wise up...
Short Sales to be handled electronically? Its a dream come true!
Today I closed on a short sale with check in hand...it took 5 months...of following up..dialing the phone...calling hot shots and shooting off emails...I got it done but throughout the process all I could think of was how much easier it would have been in they handled short sales electronically.
My own personal experience of why short sales should be done electronically!
Bank of America, I'm Really P@$%$D!
Today I received a fantastic email from REOTrans.com.
Its a dream come true!
Guess what..finally..a bank is going electronic..no more banker's hours..and hopefully less fax heaven...and I hope others will follow suit. Think about the cost effectiveness plus the time saved if only banks handled short sales like REO's...electronically.
Read the full article here!
Midori Miller is licensed in the State of Florida, BK645709 and currently hangs her real estate license with CENTURY 21 Sundance Realty. Midori is also a real estate trainer and an ActiveRain Ambassador and specializes in short sales for Daytona Beach real estate sellers. If you are in the market to buy or sell real estate in Daytona Beach, Florida..please contact us!
Midori..this is great information..very informative..thank you
HELPFULHANNAH
That's good news. I can't wait for the system. Sounds like it will save a great deal of time and frustration. You get all that benefit for the minor price of learning their system. Good deal. THANKS for the good news!
Now how am I supposed to focus on what you've written when I keep watching that dancing baby? LOL Now I want to go find old re-runs of Ally McBeal =P
I was just told that yesterday as well! Now let's see what's happening tomorrow :)
Ok that is so cool...
Both the bank's going electronic and that dancing baby. I've been watching it...laughing my head off.
It is about time that someone figured out how to be efficient...
The dancing baby is great. I am not sure what to think about banks that would rather sell a home for less than work with home owners to keep the property or allow a short sale.
Even if you had nothing to say in this blog...I LOVE that dancing baby...maybe we really are making giant steps toward greater speed and higher automation...yahoooo !
Thanks Midori, I have been looking for info about REO TRans for a while.
Midori, hopefully with the federal government getting involved to standardize the forms and procedures for short sales, everyone will benefit. Dare we dream it might actually take 60 days as opposed to 8-12 months? Keeping fingers crossed in Miami.
Midori: Great news. I want to reblog!