TAM Blog

Luckily I had my running shoes and clothes in my car...it had been a long day of touring property with my client...almost ready to give up, I convinced her to look at "just one more".  Sometimes we do save the best for last and she fell in love.  With details of the offer ironed out, I took to the streets around what hopefully will become her new home.

La Brea, Estancia, Adrian, Vendola and on to some of the president streets (Roosevelt, etc.).  Finally made it to the path behind Palmera and soaked in the air, sun and open space...enough to give my mind time to stew on short sales.  Seems like they are the story of my life right now.

Apropos that in Sundays Chronicle, Kathleen Pender wrote an article on simplifying the short sale process.  Hallelujah!  The Treasury Dept. is working to create a process for short sales and will pay bonuses to certain borrowers, loan services and second-lein holders to do them.

Did you realize, only 30 -35% of short sale offers get approved and of those that are approved, about 60% fall apart before closing. So basically, anything would help!  Luckily, my runs, have kept me sane through the many I'm involved in at any given time.

Want, to learn more about short sales or the process?  Give me a call at 415-209-4750 or shoot me an email to kira@tamrealty.com.