Would you take a listing that is two weeks away from a trustee sale?

It's tough call when it gets that close, Pacita, but who knows.  Stranger things have happened.  Good luck with that one!

no brainer for me. . this is what we do .. .help people and as long as there is a committed seller, I 'll fight for them

Pacita, good luck with this one and please let us know how it works out.

Pacita, any attempt prior to the auction block is worth taking. Once the banks recognize that a qualified agent is involved, and they have a belief that the property can still be sold without auction they will listen. So many auctions get less than the requisite funds for the bank. Good Luck if you've gone down that path.

Pacita i have found through my many short sale listing and sales that it just may not be enough time. Once an auction date is set, it takes an act of god to stop or postpone it. Simply put the bank wont want to start the process to a foreclsoure auction over. I find teh best results come with teh most amount of time available. If you are within 30 days of a foreclosure auction, that short sale package needs to be complete, the offer needs to be at or very near current market value and there really should not be a second mortgage in order to make it work. good luck with your challenge.

Pacita, two weeks is better than one week. You never know until you try. Good luck with the listing.

It might be worth it, especially if you think you can get the lender to give the seller more time.  Anything is possible, especially when so many foreclosures are stopped at the courthouse steps.

Good luck with this one Pacita!  You are obviously knowledgeable enough to help him more than any one else!  Everything happens for a reason!

I would qualify it first. I'd qualify the seller, too. If I felt the seller was her own worst enemy -- and I'm sure you know what that means -- then I wouldn't take it. If it was a fannie mae loan, I wouldn't take it. But IndyMac, yes. The home would also need to be impeccable, in a good location and fairly simple to sell.

I would take it and here's why:  First, you never know, you could pull a rabbit out of the hat, get an offer, submit it and the package to Indymac, and get it postponed.  Second, it could automatically be postponed even though it has been before.  Third, you can put up a sign and blog about it on AR.  Even if you don't have enough time to see it through, you can still advertise yourself in the process.

I have done them more than once and it was because they need help and were involved.  Others I have been unable to help because they were disengaged.

I wouldn't.  Even if you sold it in that time period chances are you won't close on time.

Why not!  Give it a try, in the real estate market you just never know.

Hi Pacita,  Given the brutal market in many areas of the country and the time frame you have to work with I'm hoping the sale can be postponed to give you some breathing room !  Good luck - you're going to need it with this one !

I took one on a Sunday night that was scheduled for auction on Tuesday and actually got an offer for cash on Monday and stopped the sale on Tuesday and closed on Thursday. So, yes, I would take the listing!

Pacita, I say go for it! I would make sure that the customer is aware of worse scenario and then work my butt off. I love a challenge and this certainly would be one.

Good luck to you and your customer.

Pacita, I say go for it!  Helping our clients is what we do.  As long as your seller is totally committed to bending over backwards to get you whatever you need or his lender is requesting, you will get the job done.

Best to you and your seller.