As I said in the previous sections of the Short Sale Series, these sale types are a great buying opportunity, but require time and patience.
The seller of a short sale is typically in a more distressed situation. My job is to help alleviate the stress of selling their home. Although there are no proceeds going to the seller, the seller must be proactive in the sale as well which also requires time and patience.
The seller is attempting to make good on their debt and find a solution for them and the lender. Due to some circumstance, possibly loss of income, disability, forced relocation, death of a loved one, not having the ability to pay their bills weighs heavily on the sellers.
I have heard comments from people stating that "these people"…