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Updated almost 14 years ago on . Most recent reply
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Short Sale Flips-MLS info
Hello,
I have a question regarding what information is best to disclose in the agent only remarks section of the MLS listing when listing a short sale flip. Do you note that it is an investor flip? It seems to cause confusion with agents who look up the property and see that is has a NOD or NTS but isn't listed as a short sale because an investor has already contracted to purchase it and is having it listed to find the C buyer.
Any advice and/or experiences shared would be much appreciated.
Most Popular Reply
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I have it listed, then when I get an offer, I ALWAYS counter back & let the know 2 things.....
1) Contingent upon acceptable s.s. acceptance to seller & successful closing of sellers previous transaction.
2) Seller to become owner of record prior to closing of this transaction.