Comments on: What Is The Difference Between a Foreclosure, Short Sale and an REO ? http://www.denversrealestatenews.com/what-is-the-difference-between-a-foreclosure-short-sale-and-an-reo/ Denver Homes For Sale | Denver Real Estate | Denver Schools Info Thu, 20 Oct 2011 03:11:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Laura "Ole" Olesen http://www.denversrealestatenews.com/what-is-the-difference-between-a-foreclosure-short-sale-and-an-reo/comment-page-1/#comment-5199 Laura "Ole" Olesen Thu, 23 Dec 2010 20:50:55 +0000 http://www.denversrealestatenews.com/?p=1504#comment-5199 Impressive blog, Bob! Very clear explanations of all three types of purchases. I've had plenty of buyers work with shorts sales and different banks respond differently. Without naming names, the big guys seem to have the slowest turnaround time and some seemingly very screwy processes. I understand CYA but it's been getting a bit ridiculous! Impressive blog, Bob! Very clear explanations of all three types of purchases. I’ve had plenty of buyers work with shorts sales and different banks respond differently. Without naming names, the big guys seem to have the slowest turnaround time and some seemingly very screwy processes. I understand CYA but it’s been getting a bit ridiculous!
Laura “Ole” Olesen recently posted..What’s all this Trail of Lights Fuss

]]> By: Bob in Conifer http://www.denversrealestatenews.com/what-is-the-difference-between-a-foreclosure-short-sale-and-an-reo/comment-page-1/#comment-5196 Bob in Conifer Thu, 16 Dec 2010 19:38:22 +0000 http://www.denversrealestatenews.com/?p=1504#comment-5196 Mack, That's a great point! I think we could push to have the industry rename these as: "Long, drawn out, tricky, short of the payoff, and if it's the listing agents first short sale we could be in for a nightmare, sales" But the acronym doesn't seam to work very well. Bob Maiocco Mack, That’s a great point! I think we could push to have the industry rename these as: “Long, drawn out, tricky, short of the payoff, and if it’s the listing agents first short sale we could be in for a nightmare, sales” But the acronym doesn’t seam to work very well.

Bob Maiocco

]]> By: Mack Linan http://www.denversrealestatenews.com/what-is-the-difference-between-a-foreclosure-short-sale-and-an-reo/comment-page-1/#comment-5195 Mack Linan Thu, 16 Dec 2010 19:33:23 +0000 http://www.denversrealestatenews.com/?p=1504#comment-5195 Great article. Something I run into pretty often is that people often think that “Short Sale” means that the seller wants to sell the home and that it will be a short process. I explain to them that they are actually trying to sell the home short of what they owe and that the process should actually be called a “Long drawn out tricky sale.” Great article. Something I run into pretty often is that people often think that “Short Sale” means that the seller wants to sell the home and that it will be a short process. I explain to them that they are actually trying to sell the home short of what they owe and that the process should actually be called a “Long drawn out tricky sale.”
Mack Linan recently posted..Prepare to be Entertained

]]> By: Rebecca Williamson http://www.denversrealestatenews.com/what-is-the-difference-between-a-foreclosure-short-sale-and-an-reo/comment-page-1/#comment-5161 Rebecca Williamson Wed, 29 Sep 2010 15:23:26 +0000 http://www.denversrealestatenews.com/?p=1504#comment-5161 Great explanation about the differences between a short sale, foreclosure and REO and what it means to consumers. The news media just preaches how buyers can get a great deal on foreclosures and neglects to explain the challenges. Great explanation about the differences between a short sale, foreclosure and REO and what it means to consumers. The news media just preaches how buyers can get a great deal on foreclosures and neglects to explain the challenges.

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