house listed no bites for short sale

Posted by LeeAnn on June 28, 2005 at 13:18:31:

Our Mortgage servicer agreed to allow us to do a short sale. They wanted us to list at market value did a BPO and came up with $110k which is what a great house with lots of bang is going for in area. We listed our house last month at $99 we have had over 25 showings and not one bite. We received the foreclosure complaint 2 weeks ago and I am filing an answer to give us some time. At this point the mortgage company is not even returning the realitor phone call (he wants to lower price).

Any suggestions on where all the investors are?

The mortgage company can't get anything out of us moneywise since the mortgage was included BK7 2 years ago.

Follow Ups:

• Re: house listed no bites for short sale - SpecialCareRealtor 07:12:02 06/30/05 (0)
• Re: house listed no bites for short sale - Ross Alexander 22:42:53 06/29/05 (0)
• Re: house listed no bites for short sale - Bill H 01:51:53 06/29/05 (2)
  • Re: house listed no bites for short sale - LeeAnn 11:32:53 06/30/05 (0)
  • Re: house listed no bites for short sale - Irwin 08:18:42 06/29/05 (0)

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Comments:
: Our Mortgage servicer agreed to allow us to do a short sale.  They wanted us to list at market value did a BPO and came up with $110k which is what a great house with lots of bang is going for in area.  We listed our house last month at $99 we have had over 25 showings and not one bite.  We received the foreclosure complaint 2 weeks ago and I am filing an answer to give us some time.  At this point the mortgage company is not even returning the realitor phone call (he wants to lower price).

: Any suggestions on where all the investors are?

: The mortgage company can't get anything out of us moneywise since the mortgage was included BK7 2 years ago.


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