There are currently 52 Active Short Sale Listings in Greenwood IN. They range in price from $39,900 to $700,000. There are currently 4 Pending Short Sales in Greenwood. In the last year there have been 21 listings that have closed that are Greenwood IN Short Sales.
We have been involved in each of these categories, and are experienced Greenwood IN Short Sale Agents.
Picture provided by: by MyHomeSave
If you are thinking of selling your home as a short sale, ask the agent you are thinking of listing with how many short sales they have listed this year, how many Short Sales they have closed? You might not want your preforeclosure to be their first listing, or their first short sale.
Picture courtesy of FLICKR-Short Sales
If you are thinking of buying a Short Sale, you will need an experienced Short Sale Agent.
- Make sure your agent prices your offer around market value if you are truly interested in purchasing this property. If it is a "HOT" property, you run the risk of someone not lowballing and writing a much stronger offer than you. Start out a little lower, but whatever you offer, always offer what you are comfortable walking away without an accepted offer in hand, knowing that you gave it your BEST effort.
- Know that most banks in a Short Sale situation are not yet handling these offers where they would counter, most are simply rejecting the offer. There are a couple out there that have gotten savvy and up to date enough that their Short Sale department will actually volunteer where the offer needs to be for them to accept the offer.
- Banks work off of Bottom Line, what their net will be. There are fees that some of the banks will not pay, and some will pay. Some of these fees are home warranties, extreme amount of buyer closing costs, surveys, etc. Some banks will pay past due HOA fees, SOME WILL NOT.
- Make sure your agent asks if the seller has FHA financing, as there are certain criteria to follow on FHA Short Sales, specifically on how the agent will write your offer/what is allowable and what isn't.