Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

27
Posts
15
Votes
Wilson A.
  • Investor
  • New Jersey
15
Votes |
27
Posts

Short Sale Blues!

Wilson A.
  • Investor
  • New Jersey
Posted
Hello BP. Does anyone have any experience working with Fifth Third Bank? I placed an offer on a single family 2 months ago and the bank just sent the seller the short sale packet last week. Sounds like this is going to be a lot longer then 3 months. :/

Most Popular Reply

User Stats

37
Posts
12
Votes
Frank Uzzi
  • Real Estate Attorney
  • Montvale, NJ
12
Votes |
37
Posts
Frank Uzzi
  • Real Estate Attorney
  • Montvale, NJ
Replied

Something is not right. Once the offer was placed, either a real estate agent or seller's attorney should immediately obtain the short sale package and begin the application process with the property owner. I suggest that you find out who is actually processing the short sale. If the person is not experienced you will have virtually no chance of getting an approval.

Loading replies...