I DO NOT feel sorry for the banks that are finding themselves in a situation where they are taking short sales (as in eating the difference between what they lend-ed to the seller and now that the property cannot sell for that, they lose some money). It is so incredibly common, my last two listing appointments in the last week were both done where the buyers HAD equity at one time, but then they went and took out a "Home Equity Line of Credit" to pay off debt and the DARN appraisers, ya know, the bank approved appraisers, are the ones who say what the homes potential market value would be...And I always gasp and I mean gasp, at the price the appraisers say the home could go for. I mean in what stratosphere did they think a home that is not even 1000 square feet in an old, not highly cov... 05/13/2009

It is shocking...APPALLING, how insanely slow the short sale process is. I just had buyers write up a stellar offer, one that honestly, I didn't really even condone because they wrote it for more than the home sold for in 2008 (of course they were asking for thousands in closing costs, but still)...They were going against another offer, really wanted the house, so chose to write a pretty amazing offer... Let's take a step back and explain what a "short sale" is: The seller owes more on the home than the home can be sold for due to market conditions, so they ask the bank to eat the difference because the seller is broke. This definitely will ding the seller's credit for future credit needs, but everyone gets out with the least cost We waited 3 weeks with absolutely no word. I obviously k... 05/13/2009

I want to thank Doug Steinkruger at NP Dodge for assisting in the sale of 20129 Douglas St. in the Elk Valley subdivision of Elkhorn. Doug represented the buyer and did a fine job of staying on top of the details. Working with a good agent makes my job much easier; it is time consuming selling 50 homes a year, but working with good agents makes transactions easier.  Trumm Team - Alliance Real Estate, Omaha, NE Your Home Sold within 120 Days or I will Buy It!   05/02/2008