short sale: Repairs too expensive for a distressed property? Not always the case!
- 12/29/10 04:12 AM
A buyer of mine has just purchased a short sale property. The seller was a single lady in her 30's who suffered financial distress when she was unemployed for several months. My buyer is getting a really great property in a nice community for a huge discount, about $55,000 less than the previous sale. The Seller's Property Disclosure Statement noted several issues in this As-Is sale--the garbage disposal didn't work, nor did the heat and A/C, plus there was a leak in the laundry room into the room below. Because of the HVAC issues and laundry leak, the seller basically moved ouf of her home months ago. The listing agent … (1 comments)
short sale: Thank You Wells Fargo mortgage and short sale listing agent
- 12/23/10 08:09 AM
This will be simple and to-the-point. Thank you Wells Fargo mortgage and listing agent Barbara for the quick turnaround for a short sale I've been involved with the last few weeks. I had the buyer prepared for a worst case scenario lasting several months, but that's not going to happen thanks to the efficient work of the property's listing agent and the Wells Fargo mortgage representative. … (0 comments)
A buyer of mine has just purchased a short sale property. The seller was a single lady in her 30's who suffered financial distress when she was unemployed for several months. My buyer is getting a really great property in a nice community for a huge discount, about $55,000 less than the previous sale.
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