Anyway if you like the price you offered I'd wait 30 more days, and ask your realtor to check the status at the worst they tell you they haven't heard anything, but if it's going to be approved my guess it will be here very shortly so you don't have a whole lot longer to wait.BTW if your 90 days is Wed you can keep putting offers on other properties while you wait, if you find something you like and get an approved offer you back out of the short sale no problem because it is after the 90 day mark so you get your EMD back.

:Just be careful of dealer status with your flipping scenario.What exactly does that mean?

I believe it is required that we a) reveal our status as licensed agents and b) identify the brokerage we are currently working with.  

Suzette Lowery,A friend of mine, has always told me, when you have a chance for quick $$$, take it, and then reinvest the money.I've asked him about the Tax problems, and his answer was, talk to an Accountant.Another thing to think about, what is the status of the Real Estate Market where you own the property?

He's been considering putting the money in a "survivor's bond" due to his dad's age and health status.

Perhaps your tenant has a work coach, social worker, or other trusted person who can help get your point across?

Originally posted by Jimmy Moncrief:You made the choice to favor "tax write-offs" instead of profit and this is what underwriters like me look for to underwrite a loan.This is an aside, but thought some might be interested...Just to add some color on why Matt probably prefers to claim "professional gambler" status as opposed to something else -- it's not just for the tax write-offs.

I cannot find out that would tell me when the "status" of a property has changed, say from AVAILABLE to PENDING or from PENDING to SOLD or whatever.

It will list on hudhomestore the bid status of every bid your agent has submitted.

The high efficiency status might prove an advantage when selling at no cost to you.