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Updated almost 10 years ago on . Most recent reply

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70
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Lekisha Cole
  • Fort Lauderdale, FL
2
Votes |
70
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Short Sale!! How Do it Work

Lekisha Cole
  • Fort Lauderdale, FL
Posted
I have a owner who want to sell their home but their home is worth less than what they owe. How do they short sell their home to me?

Most Popular Reply

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2,879
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Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
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2,879
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Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Replied

You also need to make sure you follow all the short sale guidelines from the bank. Many times a home must be listed and if you are paying much less than market value and never give other buyers a chance to offer, it could be a big no no.

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