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PENDING SHORT LENDER APPROVAL
Placer County/ and Metrolist now has a new status.....
Pending Short Lender Approval (PSLA) MetroList has introduced a new Status called “Pending Short Lender Approval.” These are offers that have been accepted by seller only and no additional offers being sought while awaiting lender approval.
Why the changeThe current status Active Short Contingent (ASC) is both an active status and a pending status. Subscribers and consumers were frustrated when listings in the ASC status were not accepting additional offers while awaiting lender approval of an offer. Please review the FAQ to answer more of your questions.
This is great news for buyers on the internet searching for homes only to be disappointed
when the property is pending.
For Placer County short sale information contact my team:
Shannon Coe Realtor #01489731
Keller Williams Roseville
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