I had the pleasure of closing two short sale transactions last week, 108 Mt. Whitney Way in Clayton and 4805 Clayton Road #9, Concord.  I represented the sellers in both of these transactions which took over 6 months once the purchase offer was received by the short sale lien holder.  Each property had one loan and each of them had three different buyers before we closed.

The work of a realtor is challanging these days.  We are hoping for faster responses from the banks in the future due to the new government regulations that were released 12/1/09.  Read more about it here: New Gov’t Regulations to Speed Up Short Sale Transactions.