The Most Important Short Sale Do’s and Don’ts | Short Sale Tips for Temecula CA Home Sellers   ·        Do educate yourself. This is THE most important thing you can do. Temecula CA Short sales can be complicated. You need every bit of information you can get when you jump into the short sale process.   ·        Don’t wait until it’s too late. If you drag your feet and hide from the fact that you’ve stopped making mortgage payments, it will cost your credit rating and it will put any chances of a Temecula short sale in risk.   ·        Do be diligent. There have been very closable Temecula California short sales that fail because the Temecula homeowners either stop responding to their agents, stop returning paperwork, stop returning phone calls, stop caring, etc. It can be a difficult... 04/18/2012

I got the call from the really sweet buyer's agent asking me for an update on the transaction even though we had just talked the week before. I didn't have an update as it was only about two business days since we had talked. I was instructed to call Countrywide on Tuesday morning since apparently they have hired a bunch more people for their loss mitigation dept. I asked her straight up what was going on and she told me her buyers had signed the Cancellation of Offer.  Dangit.  Cash buyers holding on for two months.  The wife was going into labor that day.  I guess they were worreid that the banks would counter on the price and didn't want to wait longer to find out.  My guess is that the banks would have sprung for it. I made a CMA with model match comps proving our purchase price to ... 04/30/2008