banks: Short Sale Nightmare
- 03/26/10 06:25 AM
I listed a property back in February and was able to secure a contract. (My first short sale by the way.) The property's value is not what the owner paid for it, thus a short sale. The lien holder required me to use an online site, Equator.com, to place the information in their system. Now here's where the nightmare begins. The information has been in their system for over three weeks. I have emailed and called Equator.com several times to get an answer as to whether or not this short sale offer is acceptable and that the buyer may move forward. … (5 comments)
I listed a property back in February and was able to secure a contract. (My first short sale by the way.) The property's value is not what the owner paid for it, thus a short sale. The lien holder required me to use an online site, Equator.com, to place the information in their system. Now here's where the nightmare begins.
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