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Updated over 15 years ago on . Most recent reply

User Stats

218
Posts
29
Votes
Alex Locklear
  • Investor
  • Cary, NC
29
Votes |
218
Posts

Out of State Short Sales

Alex Locklear
  • Investor
  • Cary, NC
Posted

I have some properties out of state that are short sale candidates and I plan on putting them under contract.

Since I don't know anything about these markets, I plan on finding an agent to work with me (i.e. list the property that I will have under contract, determine market value, etc).

When you submit your short sale package, do you include a listing contract to show the lender that the property is being actively marketed? Will it matter that what I want to put it under contract for and what the listing contract says is different?

Thanks for any help involving this; I'm trying to figure out the easiest way possible to do out of state deals.

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