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Updated almost 12 years ago,

User Stats

942
Posts
501
Votes
Marci Stein
  • Rental Property Investor
  • New York, NY
501
Votes |
942
Posts

Q. about short sale situation

Marci Stein
  • Rental Property Investor
  • New York, NY
Posted

R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with signed contract.
i havent even inspected the house, not knowing if my offer is accepted.
Advise, please!

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