I recently blogged about a short sale I have listed where we had a very strong offer and the bank told me "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES".

UPDATE:  The bank was Tier One - I was told last week they have been shut down by the government - anything anyone knows on this would be greatly appreciated!

Terry McCarley, Realtor®, CDPE, CDAT - American Brokers Realty Group - Specializing In Assisting Distressed Homeowners - 239-707-4575 - Email Me At leecountyrealtor@earthlink.net Or Visit Me Online At www.ListWithMe.com 

 
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1 Comments on "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES"

AUG
18
2010
309,748 Points 28 Featured Posts Outside Blog Called Shot Master

We have some local banks in our city with the same policy. They take the houses to foreclosure and lose more. Not sure what their logic is.
9:29am • #1

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