The banks take their own sweat time because it isn’t a CEO making a decision. It is someone at the bottom of the chain and everyone above them is giving them policies and procedures to follow. And you can’t really strong arm them either though I do have someone who has phone numbers at some of the banks to escalate deals and it has come in handy.
If you want to get a great deal on a short sale just be patient. Otherwise just look at non-distressed homes but even those have their problems.
Oh, and it look like if you don’t have an offer in on a short sale you most likely won’t get it accepted in tiem to take advantage of the $8,000 tax credit.
Forget Logic When Dealing With The Banks
