Comments on: Short Sales: Reality or Mirage? http://blog.dreamcatcherrealty.com/2009/08/short-sales-reality-or-mirage/ Official Gilbert Real Estate Blog by Randy Hooker of Dreamcatcher Realty Thu, 29 Jul 2010 01:49:07 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: S. S. http://blog.dreamcatcherrealty.com/2009/08/short-sales-reality-or-mirage/comment-page-1/#comment-112 S. S. Fri, 25 Sep 2009 17:49:04 +0000 http://blog.dreamcatcherrealty.com/?p=148#comment-112 Earlier in the year I made an offer on a short sale, which was signed by the sellers and submitted with their financial hardship information the following day. I continued looking in the mean time. I canceled that offer a few days ago, several days past 6 months, and after about 6 missed deadlines / estimates from the seller's lender (which was JPMorgan / Chase, I'm more than happy to divulge that). They truly don't care, and I hope they choke on situations like that for years to come. Short sales are at best a mirage. Earlier in the year I made an offer on a short sale, which was signed by the sellers and submitted with their financial hardship information the following day.

I continued looking in the mean time.

I canceled that offer a few days ago, several days past 6 months, and after about 6 missed deadlines / estimates from the seller’s lender (which was JPMorgan / Chase, I’m more than happy to divulge that). They truly don’t care, and I hope they choke on situations like that for years to come.

Short sales are at best a mirage.

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