Foreclosures, Short Sales, Ralph Gorgoglione, Richard Ruggaber, Los Angeles Homes, LA homes for sale, FHA Loans, Los Angeles Real Estate, Single Family Homes, Condominiums, Los Angeles Realtors, Los Angeles Real Estate Agents, San Fernando Valley homes for sale, Studio City, Sherman Oaks, Toluca Lake, Hollywood, West Hollywood, Beverly Hills, Santa Monica, Valley Village, Burbank, Universal City, North Hollywood, Los Angeles Realtors, Los Angeles Real Estate Agents
Ralph,
Good Posting and I liked the video.
Nevertheless, once you are a short sale specialist and know what needs to be done with short sales you are able to close the deals in 1 to 1.5 months.
Good Luck to you
Carlos Morales
Patience is what is needed for all parties involved in them.
Great communication with the bank helps a ton. Once you get to the decision makers- the rest of transaction is pretty smooth.
For those buyers who can't wait and back out of or cancel escrow, this can leave a real opportunity for the next buyer. I have sold and closed on several "pre-approved" short sales, where the bank has approved a short pay price and provided a time frame in which to close. All is needed is a willing buyer who can close quickly.