mers: Writing an offer on a short sale. 5 Things to look for
- 11/06/11 03:04 AM
Every short sale deal proposes a unique surprise to deal with between offer and closing. But, there are several items that seem to come up over and over again, that even the best of us can be surprised when managing a short sale contract for a home buying client. These are items specific to California and each state has variations on how short sales are managed and the foreclosure procedure unfolds. Always consult with a local professional. #1 - The listing agent is working for the seller to help them avoid foreclosure not the buyer. Desperate times, desperate measures. When an … (3 comments)
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Every short sale deal proposes a unique surprise to deal with between offer and closing. But, there are several items that seem to come up over and over again, that even the best of us can be surprised when managing a short sale contract for a home buying client. These are items specific to California and each state has variations on how short sales are managed and the foreclosure procedure unfolds. Always consult with a local professional.
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