Stop Foreclosures Devasting Impact - Short Sale! - 04/08/09 04:45 PM
In my experience I am seeing that even with cash buyers short sales are very hard to close. I had a cash buyer make a full price offer, inspect and wire funds. We waited a month for bank to close. They had to see an update HUD1 and then the right people had to give us the go ahead approval. It closed but I could not understand why the banks could not do it faster.
Our market is constantly changing and one way is short sales. Short sales are when a seller sales for less than the loan balance. Typically these … (1 comments)

 
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Trevor Elliott

Salem, OR

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RE/MAX Integrity

Address: 2110 Mission St SE Suite 310, Salem, Or, 97302

Office Phone: (503) 371-5132

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