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Updated about 10 years ago,

User Stats

69
Posts
28
Votes
Thomas Guertin
  • Investor
  • Springfield, MA
28
Votes |
69
Posts

Any value in a short sale offer that has been accepted by the seller but not by the bank?

Thomas Guertin
  • Investor
  • Springfield, MA
Posted

I have a property in Springfield, MA that I have an accepted offer from the seller on a short sale but not accepted from the bank yet.  I have since made an offer on another property and had it accepted so I will be closing on that one instead.

Is there any value in this deal seeing I don't need it anymore or do I just let it go for the next person?  I don't have the "or assigns" clause or anything like that.

Just curious of people thoughts with more experience than me.

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