Regarding Short Sales:
Short sales can take a long time to complete. If you have a listing agreement which may require a short sale, have your sellers contact their lender now instead of waiting on a sales contract. Most lenders have the short sale forms online. We have discovered that some lenders can take several months to process a short sale, and the sooner the lender can assign someone to start reviewing the preliminary documents, the less likely there is to be a delayed closing.
If you should have any questions, please feel free to call me at my direct number 434.951.0858 or my cell number 434.981.1946 or email me at Tucker@TGBlaw.com.