Perfect timing, I am doing a pre-listing appointment on Monday that needs to sell short. The first loan is with Wells and the second with Citi. I had no success with Citi the second time, they kept loosing the authorization form and never sent the loss mitigation forms, althrough they said they did.

Missy, I was shocked at well this all went with Citi Morgtage. We even got 6% without asking. I always send it with 6% but seldom get it. Wishing same for you!

Hey nice blog and good reading. I am doing one now with coutry wide and it is a nightmare. Full price offer 4 motnhs later

Well it is good to hear about how the banks are improving their staffing and the relationships with Realtors. Thanks for the positive news Jeanean1

Thanks for  your input and I like that you put you answer your phone !

Guess the banks are finally beginning to realize -- some money for the property is better than no money. ~ Evelyn

That is great to hear that banks are willing to work with you!  Best of Luck!

That's good to know they have beefed up their staff. Now we just need to speed up the process.

Jeanean, I just got one approved with Wells Fargo this week. I have a great contact for a negotiator with them if it is a freddiemac loan. She even told me last night when she called me, yes a loss mit negotiator called me, to let her know anytime I get a Wells Fargo short and she will help me out!!! I've had several very good negotiators lately.

Jeanean, I've worked with Wells Fargo too and have found them to be good to work with.  I think like anything that the kinks have to be worked out and things can begin to work smoothly. And you're right it only makes sense to work well the Lenders.

Missy, glad this is good news for you specifically.....it's really good news for the industry. CountryWide, GMAC and Bank of America are the hold outs. Perhaps they will come around also. Let's hope.

Charlie, CountryWide is one of the worst ones. Good luck!

Michael, it is good new for the industry and for those of us who dig in and do the short sales.

Evelyn, I'm not sure of any perspective of the banks other than the bottom line. It's all business for them and some do better than others.

Pippa, thanks for the read and commenting.

Bryant, funny.....but I just got one with Wells Fargo and I hoping it will go well also. The one I just did with Citi Mortgage was a piece of cake and went so smooth. They were a complete pleasure to deal with. You can tell they are swamped.....but with the correct message left, I usually gat a return phone call. Thanks for coming in on this.

Lynn, thanks for the confirmation.....hopefully we will all be able to get more done. Thanks for the read and the comment.