Retail a B-C side Short Sale

[Caleb Whitney]

When realtors are bringing you SS deals, what are you doing if their realtor isn't able to bring in a buyer as fast as you'd like. Let's say you're 4 weeks into the negotiations. No buyer. What about if you just receive the approval from the lender and the AB is locked up and still no buyer. What are you going to do at this point?

[Maryann L.]

Caleb,

My only thought is it is not priced right.

I had a Realtor we're using put a property on the market for us yesterday as we got an acceptable counter offer from the lender. Today we got a cash offer end buyer that we're going to accept.

I worked diligently with the Realtor on the numbers before hand. I ALWAYS ask my Realtor what the property would sell for at auction, and then offer less to the bank.