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Should you tell the bank No Way or should you Sleep on it?
Hi everybody, Paul Antonelli here with another short sale tip from questions asked on the website, That Short Sale Guy dot com.  One of the questions that I get asked a lot is "Hey Paul, how much is it going to cost me to do short sale"? Or "How much are you going to charge me to do a short sale"? And "What is my out of pocket expense to do a short sale"? And typically the first questions are always all about what do I have to pay to get a short sale.
  The simple answer is not so simple. Usually you pay nothing out of pocket, usually.  The bank is going to tell me how much we can get paid and I say "we" because I don't sell all my listings.  I try to, but I'm not always the one that brings the buyer, especially when I list a property 3 hours away.  We list it on MLS and a lot of times we have a buyer's agent that brings in the buyer, so we have to pay them their percentage.  I just had one close and the bank said "listen our investor says because the offer is ... more

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