Jackie Nary's (jnary) Blog

I have been dealing with Chase as a second lien holder on a short sale.  Needless to say, it has been a nightmare.  Let me give you a bit of history.  This home was listed in May.  I received an offer the end of May and it was submitted to both lenders, Bank of America and Chase.  In August we re...

I had a meeting the other day with my Congressman's representative regarding the delays we are encountering with short sales. I certainly didn't feel as though I accomplished anything as my Congressman is a Republican and he said anything they might propose would not go anywhere because of that. ...

I got a new listing the other day.  The client hired an attorney on the east coast of Flordai after reading his blog on Active Rain.  This client has a second home that he bought for his parents to live in. (5BR home) As usual in this market, it is way upside down.  He has it rented, but the rent...

Over two years ago I decided to become a short sale listing agent.  I have spent countless hours talking with banks and learning all I could about short sales.  I continue to learn with each listing I take and contract that successfully closes.  The world of short sales is anything but consistent...

Often times when I am talking to a potential seller, they bring up the possibility of renting instead of selling.  That is always an option, however, one that needs careful consideration.  When you purchased your home and took out that large mortgage, did you tell the bank this was going to be yo...

Another short sale story.  Grab you fuzzy bunny slippers and get comfy.  I have been working on a short sale with Wells Fargo since May.  Submitted the sellers life history along with a ream of paper in the fax machine to a fax number for Wells Fargo.  Did the same thing to another fax number for...

Another short sale drama,,,,can you stand it?  I am doing a short sale in a very upscale area of Bonita Springs Florida.  This is a coach home, one car garage with bundled golf.  Very lovely home, but needs some work.  I started the listing out at "market value" according to comps in the communit...

There are hundreds of people in Southwest Florida who are gambling and don't even know it.  They are betting that something won't happen to the home that they are trying to sell that is vacant and unoccupied.  You would most likely think those two words mean the same thing, but not if you are an ...

I bet you were all thinking that I am referring to rest and relaxation...........nope, reduce or release.  I heard this recently from a very successful agent on the east coast of Florida.  She has R and R days in her office.  She said she puts on her "big girl panties" and gets on the phone for f...

Do you ever have one of those days?  You know, where you wonder why you do what you do?  Of course, working on short sales make that type of day almost a common occurrence.  I have a short I have been working on for 6 month.............that in itself is ridiculous.  After hundreds of hours workin...