Wednesday, August 5, 2009

News Clippings

Short sale struggles made the cover story of USA Today this morning. "Home sellers frustrated as short-sale deals collapse" found at http://is.gd/23E7L. One seller featured in the article spent 17 months trying to get 8 separate deals on his home through.
"Instead, many homeowners are watching potential buyers walk away as months pass while they deal with lenders' lengthy delays, lost documents and unreturned calls, according to the National Association of Realtors (NAR). Not all the snafus are lenders' fault; inexperienced real estate agents who fail to turn in complete paperwork also are causing holdups, as are severely underpricedhomes."

Found this article in Wall Street Journal yesterday - "For the Self-Employed, It's an Endless Workweek" - I think many of you can relate to this. http://is.gd/23DX8

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