http://www.myrtlebeachwave.com/2008/03/07/short-sales/ Myrtle Beach is more than t-shirt shops and deep-fried pickles. Come see why so many are moving here... Sat, 22 Nov 2008 06:16:57 +0000 http://wordpress.org/?v=2.3 http://www.myrtlebeachwave.com/2008/03/07/short-sales/#comment-261 Jonathan Bunn - Ashburn VA Real Estate Mon, 07 Apr 2008 19:35:15 +0000 http://www.myrtlebeachwave.com/2008/03/07/short-sales/#comment-261 Seriously? How is a short sale a win/win for any one but the seller and lender. We are dealing with a flood of them here in northern va and the effect that they have on the overall market is detrimental. the long term effect of these is fake prices that get a ton of offers which do not get bank responses for weeks. this freezes out buyers who usually get rejected because the prices these listings are offered at are fake. I just wrote an article on my site called "letting the cat out of the bag on short sales." i encourage you to check it out. i am not seeing to be contreversial, but i have seen the downswing of our market and a lot of it would be cleared up if it wasn't for these types of sales. Seriously? How is a short sale a win/win for any one but the seller and lender. We are dealing with a flood of them here in northern va and the effect that they have on the overall market is detrimental. the long term effect of these is fake prices that get a ton of offers which do not get bank responses for weeks. this freezes out buyers who usually get rejected because the prices these listings are offered at are fake. I just wrote an article on my site called “letting the cat out of the bag on short sales.” i encourage you to check it out. i am not seeing to be contreversial, but i have seen the downswing of our market and a lot of it would be cleared up if it wasn’t for these types of sales.

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