Too late for a short sale? I just got a notice of default from the bank.
I have written about it before and I will keep writing until everybody hears me.
If you are faced with a short sale, time is NOT on your site. You need to act ASAPI do understand that nobody wants to do a short sale or go in foreclosure. Our natural reaction usually is, “let’s wait” things will get better, things will change for me, things. . . It is not easy to take action, but believe me, you need to talk to a lawyer or your Short sale Real Estate expert. The moment you think, I might end up in a short sale with this property, you need all the information and guidance you can get. Again, the clock is running against you and you can only beat it with action. Most of the people I meet as a Certified Short Sale Professionals have waited to long. We could have helped them if they had contacted us earlier, but when they finally do, it is often too late.