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Updated over 7 years ago, 04/04/2017

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15
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Cherish Nicole
  • Dupont, WA
0
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15
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Wholesaler negotiating a short sale

Cherish Nicole
  • Dupont, WA
Posted

Hello Bigger Pockets Family,

I am new to wholesaling in Washington and have a motivated seller. The issue is that we need to negotiate a short sale in order to get the property balance down. The seller just wants to avoid foreclosure. I was informed that the property first needs to be listed with a realtor and then some forms need to be filled out. 

Have any other wholesalers had to do this? Does the realtor commissions cause any issues with the spread? And shared experiences would be great. 

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