I focus on commercial and haven't completed a residential short sale in about 4 years.
Me and my other broker friends I have been talking to recently are mentioning they are completing residential short sales on the ...
Hello all,I recently went to buy a short sale property that was advertised as a "Fully Approved Short Sale". The house is financed on an FHA mortgage, and is being sold as part of a bankruptcy. The seller's agent said...
I recently came across an investor who charges the homeowner $500 for performing a short sale on their behalf without any money back guarantee of success.
His rationale is that this will greatly increase the likeliho...
This owner is underwater and said she’ll take it for the price I offered what’s next? What do I need from this seller?
Hello All,
I'm trying to get some advice here. A client of mine recently put in an offer on a Bank of America property that was listed as "Active-with other contingency." Basically, in my area, that means it's a sho...
Hi awesome Real Estate fans,I have a situation and need advice on what to do. I had signed a Purchase Contract as the Buyer in July 2016 for a short sale condo. I had appointed the Seller's agent as also my agent and ...
Hello BP!I realize that this may be a question that has already been asked: Is it recommedned that a newbie go at it alone on a short sale? What are the top 3 most important things I should know before going after one...
How do assign a short sale after the 3rd party approvals. Can you just do an addendum? The original contract is a standard Maryland contract using a realtor.
Hi,
I presently have a contract on a short sale. It was listed at $400k after a couple reductions. I offered $340k, which was accepted. My realtor neglected to insert a contract expire date. When my realtor asked for ...
Hey all-
My husband and I are currently trying to buy our first home in Southern California. We found a short sale and put in an offer at asking price. The sellers accepted our offer. I'm assuming the offer is now on ...