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Short Sale Homes in Fishers Indiana Part 2
A few days ago, I listed five of the Top 10 Short Sale Deals for Homes in Fishers, Indiana. It is a very popular topic in real estate, slated as the full day Monday session for the Indiana Association of Realtors Convention downtown next week! My Fishers Real Estate team has three short sale listings that require the patience of Job. We have three buyers as well that are trying to purchase a short sale listing. It is hard for a buyer because they typically have to wait until the bank has approved the sale. There is a lot of required paperwork in a short sale such as a market analysis, a hardship package, and updated financials from the seller that must be in and recorded and then reviewed by the negotiator of the bank. It can easily take up to 45 days "just" to know if you have an accepted offer and then another 30 to close.
So if you are a Fishers Real Estate buyer that can be patient and can wait or if you are an investor looking for a real estate deal; then short sales are a viable option for you.
Here are the remaining five of my Top 10 ... more
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