Avg down pymt for Short Sale?

[Jennifer W.]

What is the ave down pymt?

[Nick J.]

JW, tell the 'listing' agent your a CASH buyer and your not putting any money down.....keep telling him/her that until they get it through their head that your not putting any money down :mrgreen:

the bank isn't going to consider your offer more or less if you do or don't put money down. The listing agent doesn't work for the bank, he/she is representing the seller and needs an offer in to submit it for a short sale.

Before I go any further I need to quickly recommend that you probably not do this deal until you are completely in understanding of how short sales work and what you do with them.

Also................what is/was your exit strategy for this?
that would help me out a lot in helping you with what you need to do.