Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago on . Most recent reply

User Stats

171
Posts
27
Votes
Mary R.
  • Investor
  • Tucson, AZ
27
Votes |
171
Posts

Coldwell Banker

Mary R.
  • Investor
  • Tucson, AZ
Posted

Does anyone know how Caldwell Banker does with their short sales? A friend has an offer on one of their short sales, and they haven't done anything on it. She's had the offer on for 5-6 months.
Is Caldwell doing the same as BofA as far as holding properties and selling them as REO's instead?
Should she hold on for a while or look elsewhere?
MRead

Most Popular Reply

User Stats

22,059
Posts
14,127
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Look elsewhere. I'd never count on being able to buy any specific short sale (or REO). It takes lots of offers to buy one property. If your friend makes one offer and waits six months, they will be at this process for years.

Loading replies...