Be aggressive, not reckless when writing an offer on a short sale in Alameda CA
It’s surprising to hear about some bad information and advice (if true) that this short sale buyer received from his agent in Alameda, Alameda County, CA. This buyer shared what may be a sad sob story if things don’t go his way.
Buyer ordered home inspections and appraisal before receiving short sale approval
The Buyer should wait until he receives confirmation and written short sale approval before he spends any money on inspections and appraisal.
Because if the short sale is not approved or the buyer changes his mind, the buyer’s inspection and appraisal costs will not be reimbursed.
Removed all contingencies per realtor's suggestion (but no written short sale approval yet)
In a competitive situation, it’s understandable if the buyer removes some, but not all contingencies. Removing all contingencies without written short sale approval is a mistake. Doing so is not being aggressive....it’s reckless.
The buyer should leave room to get out of contract if necessary. Even all cash buyers may want time to do their own reasearch and inspections.
Be aggressive, not reckless when writing an offer on a short sale in Alameda CA
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