All about Aurora short sales.
There are currently 2 blog entries related to this category.
Friday, March 9th, 2012 at 7:43am. 302 Views, 0 Comments.
After several failed attempts at modifications and several listings with Realtors who failed to short sell his home, this Mystic, CT short seller finally called me to get the job done.
After an initial price correction, a strong buyer was secured for the property in just under 6 weeks and a short sale package headed to the lender.
Aurora can be unpredictable at times. Unfortunately we were out of luck this time as the negotiator assigned to our file proved completely unresponsive. He refused to communicate via email, never answered his phone and his language skills were severely lacking – leading to a long painful road to short sale approval.
3 months of struggles later – this Aurora short was approved, and closed soon after.
Monday, November 28th, 2011 at 1:56pm. 380 Views, 0 Comments.
A CT Short Sale Succes with Aurora and Ocwen
This Andover, Connecticut short sale came with its turns and twists. This particular property took much longer than anticipated to go under contract as we chased a downward market for way too long. Once we finally secured a buyer the real problems began. When our first buyer showed up, Aurora moved rather quickly to get the short sale processed. However, the appraisal for the property came back incredibly high and the lender argued that the offer was too low. How this happens when all market data shows otherwise is beyond me, but it does happen, and way too often at that.
It took three more weeks to dispute and correct the appraisal which happened to be just enough time for the buyer to tire of…