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Updated about 9 years ago on . Most recent reply

Jorge Hernandez's profile image
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Jorge Hernandez
  • SFR & Multifamily
  • from Jersey City, NJ
  • Member since Mar 14, 2016
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Jorge Hernandez's profile image
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Jorge Hernandez
  • SFR & Multifamily
  • from Jersey City, NJ
  • Member since Mar 14, 2016
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Jorge Hernandez
  • SFR & Multifamily
  • Jersey City, NJ
7
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Mortgage Brokers & Lenders

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

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Sarah Ziehr
  • Real Estate Broker
  • from Chicago, IL
  • Member since Nov 17, 2015
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Sarah Ziehr's profile image
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Sarah Ziehr
  • Real Estate Broker
  • from Chicago, IL
  • Member since Nov 17, 2015
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Sarah Ziehr
  • Real Estate Broker
  • Chicago, IL
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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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