What does it take to get a BANK OWNED HOME actually SOLD in today's market?
By Scott Godzyk, One of the Manchester NH's area Leading Agents
(Godzyk Real Estate Services)
If you work with Short Sales or with Foreclosures, you may know the frustration in trying to reach anyone at the asset management company or Bank to answer your question, sign your sales contract or get you that deed and closing documents. As one of the Leading REO brokers listing and selling Bank Owned Homes here in the Manchester NH area I am seeing large and wide spread changes to the REO market. The Industry is calling a time out. Just as agents are frustrated with the process in selling these homes, the Banks and Asset managers are frustrated with the Realtors who list their properties. This came to light with a conversation yesterday with one of the large banks. I have a cash sale that has been ready to close for 3 weeks, all i need is a signed HUD and seller signed deed. It is no...
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