No, they are are not going away - short sales, that is. I can remember when the term short sale was not generally known to the public. It was misunderstood. Some thought that it meant that the sale would be quick. They were sadly mistaken.
Short sales, although lenders, banks, and asset management companies have boosted their staffs, are still taking a long time. The first one that I was involved with took 9 months and more, and then the transaction didn't go through. Why? We had a buye...
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