Adriana West Team Blog

Last month, I closed on a property located in Loganville, GA, representing the buyer.  The property was brand new construction; the bank had foreclosed on over one-third of the subdivision. Even though it was a foreclosure, the bank agreed to pay for: $5,000 in closing costs$   480 for a home war...

I love hearing that these blogs are helping people in one way or another, whether it be a seller in distress or an agent trying to make some Short Sales happen, to gain experience and make more transactions in this very difficult market.  But I don't think the lenders are getting the same message...

An investor called me and told me that he was interested in buying all my Short Sales. I was thrilled, even though I thought it was too good to be truth. I met with him at my office and he gave me a contract that I would have to use to work with him. In explaining his contract to me, he said that...

I was working with a client in Kennesaw GA.  He was convinced that the honest thing to do was to try to continue paying the mortgage as long as he possibly could, even when his wife had been fired and they need to use what little savings they had to try to make it.... Until a Short Sale was appro...

Another Great Success Story for my client in Roswell, GA.  I've been working with this client on a Short Sale transaction for 8 months now, and we had wonderful news this week. First, some background on the scenario.  The market value of the property was $900,000.  There were two mortgages with d...

I respect the companies who negotiate Short Sale transactions for agents, but in my personal opinion, I prefer to handle my own negotiations.  Let me illustrate why.  A few months ago, one of my clients thought that it would be easier for me if he hired an attorney to negotiate his Short Sale wit...

Well now, after my Reality Check marathon, I have GOOD NEWS....  Lenders have realized (not all) that Foreclosures are not the solution...  And they have moved some of their people from the Foreclosure departments to the Loss Mitigation Departments.  They are making them stronger, more effective,...

Before the end of the year, I wanted to finish my Reality Check series.  I think I have VERY GOOD NEWS for the new year!. But I think it important to make a remark about the responses I've received from this series - like Gene Allen: "Seems like everyone will be  a short sale expert by the time a...

A week ago, I was working on a Short Sale in Sugar Hill, GA in which the Seller did not have any equity and the fair market value of the house is $140,000. This house had not did not need significant repairs and was in good condition. I received an offer, which requested a reply.  The offer was f...

It is incredible how many times I get a call from an agent in Metro Altanta, and when they hear that the property is a Short Sale, they decide not to show it. Ladies and Gentlemen, I would like to share with you that Short Sales are a great way to continue in this market as a Real Estate Agent, e...