Happy Anniversary! One year and counting on this Short Sale transaction.Reality Mortgage Story

Short Sales. You love the price of the home that you will buy, you hate the uncertainty and the time they take to close. The question of the day is: Is a great price on a home worth a years wait and a minimum of $2400 out of pocket expenses? I am working the mortgage on one right now. The Real estate agents involved have told us that we are almost ready to close on 3 occasions so we have already done 3 appraisals. At this point, our clients are living month to month in their rental home and they are afraid that their home will get rented out to someone else and they will be homeless. The stress and the pressure is all encompassing!! Well, anyway...Happy Anniversary!!