Re: Short Sale/Foreclosure

Posted by NJD on October 17, 2007 at 06:42:36:

In Reply to: Short Sale/Foreclosure posted by Wind in Colorado on October 16, 2007 at 22:52:20:

The ball is in the lender's court. You can prepare for a rejection/counter-offer by keeping market data current and in support of the Offer. You can make sure the buyer is still on board... and perhaps solicit a back-up offer in case the Buyer loses interest and walk, or if the buyer's financing is rescinded.

You should also prepare for an approval which will likely give you 30-45 days to close.

Follow Ups:


Name    : 
E-Mail  : 
Subject : 

Comments:

 

      The "Reply" function is disabled for older messages.
Please visit the Foreclosure Discussion Board for current discussions.