Lots of short sale sellers tell me that they had initially tried to do a loan modification and were rejected by their banks. (thebalance.com)
The problem with a lot of short sale transactions is that Realtors are jumping in and representing sellers with no knowledge of the process. (massrealestatenews.com)
We have been told that the listing agent deals with a lot of short sales, and the only ones he's been having trouble getting approved have been Countrywide. (debtkid.com)