Real estate and foreclosure

I’ve been hearing short sale stories on the ground from many realtors.   The successes and failures run the gamut from three week closings to nightmares such as this one.  I always feel that we should try our best for a loan modification or a short sale because approvals do come in. However, be prepared to face lenders who just don’t get it or are too brazen to care.  This is a first hand account from an Arizona realtor trying to help a client with a short sale. Somewhat funny but true as an arrow.

Ocwen President Ron Farris shows the lenders’ true colors.