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In today's world of residential sales you may find yourself waiting and waiting to get an answer on an offer from a seller and then approval from the bank. As a buyers agent, I submit the offer and hope to get an answer within a couple days or a week. The seller may be all in favor of the offer but may not have the $$ to pay off their mortgage. This is when we hope that the bank will agree to take less than the amount the current seller owes, also known as a short sale.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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