![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/117261/small_1621417672-avatar-amirsd.jpg?twic=v1/output=image&v=2)
I have a short sale prospect that I am working on. I was going to use my realtor for both buyer & seller. My realtor was going to do all the paperwork and the negotiations.
The seller has indicated they w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/174961/small_1621421776-avatar-bjobson.jpg?twic=v1/output=image&v=2)
So I'm a little confused on short sales right now. What I knew about the basics of a short sale are as follows:
short sales occur when the lender agrees to accept a payoff amount that is less than what is ow...
I have a friend who wants me to do a short sale on their house. I wouldn't be the buyer I would just be helping to get the house sold. Now if my understanding is correct I would need a real estate license in order to ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/141198/small_1695148901-avatar-zabat.jpg?twic=v1/output=image&v=2)
I am looking into buying a short sale property. There is some water damage due to an incorrectly installed roof. I can easily fix the roof and the cosmetics caused by the leaks. My worry is that the short sale co...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/134376/small_1621418581-avatar-7scott7.jpg?twic=v1/output=image&v=2)
Hello All,
I recently looked at a short sale single family and thought the circumstances warrant discussion.
The home owner hired both a realtor and a negotiator, the rub is that the buyer has to pay the costs of ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128514/small_1621418208-avatar-carmenl.jpg?twic=v1/output=image&v=2)
Hello,
Short sale List Price 110K
Final Asking 115K
Potentential Final Offer 115K
Immaculate, custom, SFH, short sale, no repairs needed.
Taxes 1400 per/yr
HOA 150 per/yr
Prop Insurance 700 per/yr
financing ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/127471/small_1621418145-avatar-sons_of_realty.jpg?twic=v1/output=image&v=2)
Curious if anyone has had any recent experiences with Wells Fargo short sales. I know the cooperation of the banks changes over time. I am just getting started on a Wells one and curious if I am in for a fight or not.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129131/small_1621418240-avatar-misszed.jpg?twic=v1/output=image&v=2)
Hi all,
I am a new wholesaler looking for some insight on a short sale opportunity. The seller and l are meeting on Saturday to view the property and she has positively indicated that she will sign my contract. She...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/135564/small_1694784927-avatar-ernst81.jpg?twic=v1/output=image&v=2)
Has anyone had any experience of rent out the sellers home while doing the short sale and split the rent with the seller and then flip the home to a landlord with tenant in place
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/125307/small_1621418018-avatar-djc225.jpg?twic=v1/output=image&v=2)
Will the bank allow assignment language? If not, any suggested clauses to include in the contract or other suggestions to structure this? Owes 75k putting in a offer to the bank in the 40k range.