About Alisann Smookler Expertise My background includes Residential Real Estate (first time home buyers, primary residences, second homes, investor homes, resort and golf properties) Lending, Title/Escrow and Home Warranties. I am a Broker in Nevada, so I am able to answer questions which are specific to Nevada as well as general real estate questions. I work for an international real estate company and thank you for taking the time to contact me. Understanding the buying and selling process in real estate can be danting. No matter how many people you ask, you will get as many varied answers. My goal is to help you understand the process and giving you ideas and direction in this very competative business.
Experience I was a residential Loan Officer for 7 years. Then I went into Title and Escrow as a Exective Account Manager for 2 national title companies - 3 years. After that I went into representing a national company - Home Warranties. In 1994 I became a real estate broker and focused on Residential real estate in Nevada and Arizona.
Publications Christian Science Monitor
Prudential Real Estate National Publication
Keller Williams Out Front Magazine
Greater Las Vegas Association of REALTORS-Southern Nevada REALTOR
Education/Credentials Associate Business Degree from the University of Texas
Formerly the Real Estate expert with www.ivillage.com (Chat room and Message Board-Real Life Real Estate)
Awards and Honors Affiliate of the Year 1992
30th in the National for Team Production with Keller Williams Realty 2005-2006
Rookie of the Year for Keller Williams Realty 1995
Question How long does it take to complete a short sale? I was told that a bank can sit on offers for up to 6 months before deciding on an accepted offer, therefore seeing if higher offers will be submitted. Is this correct?
Answer Hi Lisa, a short sale can take several months, even 6. It is more than the bank "sitting on it." It depends on where in the Short Sale stage the seller is. Have they submitted their letter to the bank stating their desire to do a Short Sale and why? Have they been approved by the bank to look at a Short Sale offer? Is there a second on the house and what is the status of that loan? So all those factors have to be completed and the seller has to be approved for a short sale offer and then when the offer is accepted by the seller and submitted to the lender/bank, they review it and make their decision. It is NOT fast process and those who are looking to buy a property as a Short Sale need to make the offer, sit back and be patient. Good luck to you. And please take the time to rate my response as I am a volunteer. Thank you.
