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Updated almost 9 years ago on . Most recent reply

User Stats

58
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7
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Jorge Hernandez
  • SFR & Multifamily
  • Jersey City, NJ
7
Votes |
58
Posts

NYC short sale

Jorge Hernandez
  • SFR & Multifamily
  • Jersey City, NJ
Posted

Good afternoon everyone. 

NYC short sale from MLS listing

According to Google HOUSEHOLD FINANCE REALTY CORPORATION OF NEW YORK is a subsidy of HSBC

Together with LSF9 Master Participation Trust they are the seller. (so it seems from public records)

As a real estate agent myself would I be wasting my time trying to talk to the trust or Household financial? 

Any feedback would be great

Most Popular Reply

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531
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265
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Sarah Ziehr
  • Real Estate Broker
  • Chicago, IL
265
Votes |
531
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Sarah Ziehr
  • Real Estate Broker
  • Chicago, IL
Replied

In a short sale they don't negotiate. You make the offer, it is presented to the bank and then you want 3-6 months before they decide if the price is right. 

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