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short sale: Short Sale Proposed Solution for Quicker Bank Response Times - 03/05/10 11:30 AM
Yesterday, I was presenting an offer to another Realtor for a short sale listing of hers.  We almost didn't get the offer accepted because I put a provision in the contract to allow for a 24 hour right of first rescission after the bank approves the offer since we will be out looking at other homes while we wait.
In Idaho, we have a short sale addendum that allows either the buyer or seller to back out any time prior to bank approval; however, since I have no control on whether that will be a month, two months, four months, or never; … (43 comments)

 
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Jim Paulson (Owner/Broker)

Boise, ID

More about me…

Progressive Realty (Boise Idaho) www.Progressive-Realty.info

Address: Boise, ID

Office Phone: (877) 466-9648

Cell Phone: (208) 573-0471

Email Me

Jim Paulson is currently the Past President of the Ada County Association of Realtors. I try to use this experience coupled with my 20 years being a licensed Realtor to help bring you relevant information and hopefully an occasional thought provoking idea or two. I am a member of the Greater Boise Chamber of Commerce and and Accredited business with the Better Business Bureau. I can help with Idaho Foreclosures, Boise Idaho Short Sales, building a new home, or even using First time home buyer grants and niche lending prodcuts to buy or strategically sell homes. I am here for your real estate marketing needs! http://www.IdahoMLStours.com Http://www.Progressive-Realty.info Virtual Tour Inventory WidgetGet Adobe Flash Player


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