We are still not through the wave of possible short sales that are coming on the market. The new furcated number I have been given just recently is a HUGE scary number and when all of them would hit the REO market…..wow…..

2012 might be the year of the short sale and have you prepared yourself for the huge workload?

Mortgage servicers are still using the Door-to door outreach program and from reading though all of the information I have I can see that the personal face to face contact approach and reaching defaulted borrowers early during their default period is still the way to go to avoid having to many REO’s hit the open market.

Reaching the defaulted borrows is one thing, but are you willing to work with the defaulted borrower early in the ball game or do you just hope they might consider calling you for a short sale?

Are you truly ready for them when they call you up and ask you to list their home as a possible short sale?