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Updated about 16 years ago on . Most recent reply

User Stats

34
Posts
1
Votes
M S
  • Real Estate Investor
  • Oxnard, CA
1
Votes |
34
Posts

Finding A Buyer for A Short Sale

M S
  • Real Estate Investor
  • Oxnard, CA
Posted

So Im still new to real estate investing and been looking at this short sale investing angle, i have been really focusing on wholesaling and working on my buyers list.If your using an Option contract and then negotiating the short sale price and then finding a buyer, with short sales taking so long to even find out if they are approved or not, what are you guys telling your buyers? Say I got a buyer in 30 days and I could still be 60 days out from getting short sale approval for the price, how do i work it out on the purchase contract for my buyer the unknown time for approval of the short sale?

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