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Updated over 14 years ago on . Most recent reply

Herb V.'s profile image
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Herb V.
  • Real Estate Investor
  • from Vicksburg, Michigan
  • Member since Jul 15, 2009
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Herb V.'s profile image
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Herb V.
  • Real Estate Investor
  • from Vicksburg, Michigan
  • Member since Jul 15, 2009
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Herb V.
  • Real Estate Investor
  • Vicksburg, MI
36
Votes |
129
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Foreclosures

30 Day hold on Short Sales

Herb V.
  • Real Estate Investor
  • Vicksburg, MI
Posted

What lenders require a 30 day hold on SS's? Herbster

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Hi Herbster! Hope you didn't give up on the other site, but welcome to BP! Is this 30 day hold causing a problem? Can you get transactional funds for, say 35 days? WIll you buyer contract with possession prior to closing? Can your buyer put the down payment on your deal for the possession prior to closing? If so, what's the problem? Good luck Herbster! Bill

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