As many of you know, my book about short sales will be available in bookstores shortly. It is called The Short Sale Savior and will be published by Archer Ellison. As with any venture, writing a book is often a collaborative effort. It doesn't write itself.
I would like to thank the following contributors who shared their short sale stories with me for my book. Without their valuable input, I'm afraid the book may have been lopsided and not nearly as entertaining. These Active Rain bloggers are my Short Sale All Stars! Here they are, in alphabetical order:
Erin Attardi, a senior executive associate at Lyon Real Estate's Sierra Oaks office in Sacramento.
Erin discovered that banks don't always accept the highest short sale offer. She also found out what horrors can lie in store when a pest report notes that part of the home is "inaccessible."
Photo: Erin Attardi
Chris Ann Cleland, a Realtor at Long & Foster in Braemar, Virginia.
Chris Ann worked on one short sale for more than a year, asking herself along the way at various developments, "Is this like the movie Groundhog Day? Am I being punked?"
Photo: Chris Ann Cleland
Pacita Dimacali, an agent with Gallagher & Lindsey Realtors in Alameda, CA.
Pacita had to sell one of her short sales twice. Plus, she learned that some banks will run you around in circles without disclosing that they no longer own the loan.
Photo: Pacita Dimacali
Florida Realtor Katerina Gasset, at International Properties and Investments in Wellington.
Katerina swears persistence pays off and even when it looks the bleakest, miracles in short sales can and do happen. She knows the pain inflicted by out-of-area appraisers who don't know the marketplace.
Photo: Nestor and Katerina Gasset
Evelyn Johnston, a real estate agent with Prudential One Realty in Elkhart, Indiana.
Evelyne shares a heartwarming story about how she sold her first short sale as a new agent. After tallying the conversations she had with employees at the mortgage company, she talked to no less than 57 people to get her short sale approved.
Photo: Evelyn Johnston
Wendy Rulnick, a real estate broker at Rulnick Realty in Destin, Florida.
Wendy says that upper-end homes are just as vulnerable to a short sale. She successfully closed a short sale on a waterfront home on the Santa Rosa Sound that had been all but demolished at one point by Hurricane Ivan.
Photo: Wendy Rulnick
Frank Wible, a foreclosure specialist at RE/MAX All Pros in Turnersville, New Jersey.
Frank talks about a deal he double-ended and closed as a short sale. After closing, the buyer discovered a note on his door that said his newly purchased home had been sold at a Sheriff's sale.
Photo: Frank Wible
Roland Woodworth, a Realtor at Exit Realty, Clarksville, Tennessee.
Roland survived a five-month struggle, which resulted in a surprise short sale. On top of the file turning into a short sale, the title company initially missed a lien, and Roland had to learn how to deal with two loans on a short sale.
Photo: Roland Woodworth
Thank you, all, for sharing your insightful stories with me and, in turn, with everyone else who will read The Short Sale Savior. I appreciate your generosity, wit and writing style. Knowing people like you is what makes belonging to Active Rain such a delight. Soon as the book comes out, I will mail each of you a free copy. Thank you, Active Rain Community.
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Certified HAFA Specialist
My Sacramento Real Estate Listings
Elizabeth Weintraub is an author, home buying columnist for The New York Times-owned About.com, a Land Park resident, and a Land Park real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully sells short sales throughout the four-county Sacramento area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you. Broker-Associate at Lyon Real Estate. DRE License # 00697006.
The Short Sale Savior, by Elizabeth Weintraub, available at Amazon.com.
Lyon Real Estate is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.
Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.
The views expressed herein are Weintraub's personal views and do not reflect the views of Lyon Real Estate.
Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice. It could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.
Congratulations, Elizabeth. Looking forward to it. Perhaps your book could be a Short Sale Primer for agents and their clients.
You go, girl!
Congrats on the book. I may have to put it on my list of wants.
Congrats on your new book, I'm going to put it on my list too!
Congratulations on the book Elizabeth. If only all of your fans here on Active Rain buy a copy, you'll have a best seller! Put me down for one.
I am sure we could contribute to your next edition....congrats....what no autographed copies for AR?
YEA YOU!! I'm sure it will prove a great resource for many agents as the number of short sales is increasing. I had to laugh when I read your blog's 1st sentence. "...my book about short sales will be in bookstores SHORTLY." Ha! You are punny!!!
Wishing you lots of book sales!
Elizabeth
I will be looking for that book
Sincerely
Tom Braatz
Elizabeth.. Thank you for the opportunity to be mentioned in your book. I hope these stories give others an idea of what can happen and how they may be able to have a sucessful short sale.. I look forward to reading about Frank's deal !
Congrats Elizabeth! It is great to see that a mentor and friend of mine is mentioned in your post as well. Way to go Roland!
Kudos to YOU Elizabeth for highlighting all these fine specialists.
Hey Elizabeth! It was a pleasure to have lunch with you and talk about the wild west of short sales! I can't wait to read your book and the experiences of all of the other agents you interviewed - I am sure it will be fantastic!
Thank you Elizabeth! I am excited about your book coming out soon and look forward to reading it. Thank you for allowing us to participate. And thanks for the link love:) Katerina
Great job completing your Short Sale Book venture Elizabeth !!! Being involved with many Short Sales myself I will be one of the first in line to order the book !
Good going - and much continued success - 2009 is gonna be a great one for you !
I am fortunate to be associated with such a wide variety and large number of short sale specialists in the Active Rain Community. Each and every one of you has the ability to write your own books, too. I'll tell you the secret: write 1,000 words a day (it takes anywhere from 30 minutes to an hour) for 60 days. You already do that in your blogs. Has anybody thought about gathering up all your blogs and publishing them?
Thank you Elizabeth, I am looking forward to receiving my copy and learning more from other Agent's experience. Congrats!
Elizabeth - Congratulations. Thank you for the mention. It is also a pleasure to be listed with these top AR contributors. We all lift each other up, and make our industry better.
Elizabeth: Make that 15 months! I'm on contract #2. Amazing, isn't it? And it's all on the bad boy of lenders, Countrywide.
Congratulations on the book. What's the publication date?
Hi Elizabeth - I follow the people you have listed here faithfully looking for their input on short sales and yours as well. I can't wait to get a hold of it when it hits the street. The blog one you mentioned - I did think about that but never went any further... Congrats and Kudos for taking it all the way to the end.
Elizebeth - congratulations! I love knowing smart people! I'll bet your book is awesome. ;-)
I'm so looking forward to seeing your book in a bookstore near me.!!! and of course on my book shelf.
This is an awesome line up of writers. I am sooooo excited about your book coming out. :-)