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Permalink Reply by Cameron Piper - Keller Williams on April 16, 2011 at 4:53am

Mike,

Do you have specific concerns or is this just a general question?

Cameron Piper
Coldwell Banker Burnet

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Permalink Reply by mike Whiteman on April 16, 2011 at 6:06am

General question.  The sellers moved out (being proactive in taking care of their family housing needs) and I'm getting ready to submit the ss package. 

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Permalink Reply by Cameron Piper - Keller Williams on April 16, 2011 at 6:22am

I don't know what state you are in and if there are regulations for accelerated foreclosures/redemption but I usually hedge my bet with the banks and tell them that I am not aware of or at liberty to disclose (depending on the situation) the vacancy status of the property.  They will likely check the status of the property themselves but why make it that easy for them to accelerate?

 

Cameron Piper

Coldwell Banker Burnet

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Permalink Reply by mike Whiteman on April 16, 2011 at 6:54am

Thank you for the insight, I appreciate it.

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Permalink Reply by Kimberley Kelly on April 17, 2011 at 2:40am

Well said Cameron.  I have been telling them too quickly..

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Permalink Reply by Michael Rigley on April 17, 2011 at 3:03am

I closed one in March and am closing another IMB next week that were both vacant. One was a rental, the other a former primary residence. One was handled by Service link, the other by IMB direct. Neither was a problem.

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