Comments on: Dumb Dumb http://www.theshortsaleservice.com/blog/dumb-dumb/ Ben Pargman shares insights from the Nation's #1 Short Sale Negotiation Team Tue, 27 Apr 2010 14:23:51 +0000 hourly 1 By: Ben Pargman http://www.theshortsaleservice.com/blog/dumb-dumb/comment-page-1/#comment-15 Ben Pargman Fri, 26 Feb 2010 14:08:12 +0000 http://www.theshortsaleservice.com/blog/?p=512#comment-15 the silliness is just part of the process - you just have to learn to deal with it and not let it throw you off - my guys deal with this everyday - I just laughed when I saw it in writing the silliness is just part of the process – you just have to learn to deal with it and not let it throw you off – my guys deal with this everyday – I just laughed when I saw it in writing

]]> By: Christine Hamric http://www.theshortsaleservice.com/blog/dumb-dumb/comment-page-1/#comment-14 Christine Hamric Wed, 24 Feb 2010 19:41:37 +0000 http://www.theshortsaleservice.com/blog/?p=512#comment-14 Yes, this would be funny if it hadn't happened to my last three luxury short sale deals. The banks involved all are demanding above fair market value, with similar explanations as to how they are arriving at their "valuations". Patient me ... I even waited more than 7 months to be "amused" by their obvious desire to make me laugh before I left. Yes, this would be funny if it hadn’t happened to my last three luxury short sale deals. The banks involved all are demanding above fair market value, with similar explanations as to how they are arriving at their “valuations”.

Patient me … I even waited more than 7 months to be “amused” by their obvious desire to make me laugh before I left.

]]> By: michaelsdacko http://www.theshortsaleservice.com/blog/dumb-dumb/comment-page-1/#comment-13 michaelsdacko Wed, 24 Feb 2010 18:46:16 +0000 http://www.theshortsaleservice.com/blog/?p=512#comment-13 At this point I'm beginning to think that MOST of these representatives in loss mitigation - regardless of what lender it is - have a turn-over rate that's ridiculous. Some of these representatives are not "qualified" to have a conversation on WHY they can't accept less than $51.5k. They're not trained to "be" the investor for a 10-minute phone conversation. They have a script and that's all they can do is read from it, unfortunately. And I, too, have caught myself saying that such-and-such lender is "dumb" or "negligent" because, despite what I just said above, THAT representative is an employee for that lender and she/he is a direct representation of how that lenders works with you as the negotiator. At this point I’m beginning to think that MOST of these representatives in loss mitigation – regardless of what lender it is – have a turn-over rate that’s ridiculous. Some of these representatives are not “qualified” to have a conversation on WHY they can’t accept less than $51.5k. They’re not trained to “be” the investor for a 10-minute phone conversation. They have a script and that’s all they can do is read from it, unfortunately. And I, too, have caught myself saying that such-and-such lender is “dumb” or “negligent” because, despite what I just said above, THAT representative is an employee for that lender and she/he is a direct representation of how that lenders works with you as the negotiator.

]]> By: REI-TV http://www.theshortsaleservice.com/blog/dumb-dumb/comment-page-1/#comment-12 REI-TV Wed, 24 Feb 2010 17:53:51 +0000 http://www.theshortsaleservice.com/blog/?p=512#comment-12 LOL.... it's the "Greater Fool" theory... The bank was foolish enough to lend to these people in the first place, so now they have to find someone 'more foolish' then they were to dump it on. They hope to find a greater fool than themselves. Sadly, I don't think they will... Nick LOL…. it’s the “Greater Fool” theory…

The bank was foolish enough to lend to these people in the first place, so now they have to find someone ‘more foolish’ then they were to dump it on. They hope to find a greater fool than themselves.

Sadly, I don’t think they will…

Nick

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