Скачать или смотреть Bankruptcy, A Short Sales Silent Killer

This week we are again going to dive into how a bankruptcy can hinder your short sale transaction. Ultimately if the seller needs to do a bankruptcy, why not wait until the end of the process? Bankruptcy attorneys have become highly aggressive in marketing to your sellers to help them file a bankruptcy. Not that it is bad for the seller to know their options, however many attorneys the focus on bankruptcy find themselves in a conflict of interest when advising a client to file a bankruptcy when they are in the middle of a short sale already. This video will go into the timing of a bankruptcy and why one is considerably better than the other.

I have an agent with an approved short sale, one that should result in a full commission of approximately $10,000. Unfortunately, the title company can not close the sale because of the sellers bankruptcy! To say that a failure in this short sales completion will be upsetting to all parties involved is a gross understatement.

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