New Year’s Success - Short Sale Fundamentals
 
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24
Dec

New Year’s Success

new years resolutionsThe year certainly seems to be racing to a close. Everyone from salesmen to congressmen are rushing to get their work done. No one wants to leave unsold merchandise or unfinished business on the shelf. So it’s a big hurry to make this celestial deadline and end off the year on a high note. And just how successful do you think we are at that?

Here are some different angles to consider when deciding how your year has been:

- Congress began the year as a one party show with Republicans left in the backseat. But midterm elections changed the tune forcing compromises. If what’s called success goes from being unilateral actions to compromises, is that called a win?

- Home sale levels would have remained about even throughout the year has it not been for the tax credit. But is artificially inflating the market really an achievement?

- Short sales started off the year as the dark horse in the recovery. But banks, Congress, investors and everyone in between have begun to realize that’s where true recovery will come from. Is a new perception enough to qualify as success?

- Banks began 2010 flying through foreclosures at tens of thousands per month. Then they admitted to not even looking at paperwork before evicting people. Since then the pace has slowed and new policies have been put in place. Should we reset the clock for 2011 or chalk this step forward up to this year?

I hope you all have a special weekend and holiday and that I’ve left you with some food for thought. I want you to comment on this post and tell me what you’ve been through this year, what your triumphs and setbacks have been, and what you’re going to do differently in ’11.


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