You are sadly mistaken if you think that buyers are waiting for anything; it is the banks who are waiting; more REOs are sitting empty and being managed by bank employees rather than being put on their books because they can then apply for, and get, more TARP money. These short-sales and REOs are ruining the market; they are taking down the country and the Capitalist system with it because of one thing the BANKS! When’s the last time you did a short sale? And, how SHORT was it? How about the agent representing the short sale? Did he even know anything about what the bank would accept or was he just a typical shill for these greedy lenders, who pay themselves bonuses with TARP money and as far as the house prices being low; sure they’re low because they’re being offered with no warranties and many of them are trashed. And this “Highest and Best” is a joke; all it does is empower the bank even further into delaying the sale for as long as they wish to. It is an error alone which needs the support of government. Truth can stand by itself.

Peace,

Keith G.

You are sadly mistaken if you think that buyers are waiting for anything; it is the banks who are waiting; more REOs are sitting empty and being managed by banks employees rather than being put on their books because they can then apply for, and get, more TARP money. These short-sales and REOs are ruining the market; they are taking down the country and the Capitalist system with it because of one thing the BANKS! When’s the last time you did a short sale? And, how SHORT was it? How about the agent representing the short sale? Did he even know anything about what the bank would accept or was he just a typical shill for these greedy lenders, who pay themselves bonuses with TARP money and as far as the house prices being low; sure they’re low and also being offered with no warranties and many of them trashed.