Hey fellow superstars,
I have a homeowner that was recently declined for a short sale, but per his divorce decree he has to sell his property. He has remained current so that his job and credit would not be jeopardized, however will not be able to continue maintaining two households. He will be behind this month. He cannot pay the difference out of pocket and has to sell his property. The Buyers were willing to pay the BPO amount, but the investor declined due to the homeowner’s financials.
Any ideas on how to get this completed? Will they reconsider approving it? He is desperate and this is the only offer we have received. Please help me....any suggestions?!!!!
Know any higher ups to contact?
Carmel Joseph
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Carmel,
If the homeowner is going to be late you are going to have to wait until the file is 60-90 days delinquent before they will reconsider. Find out now if the current buyers are willing to wait that long.
Jim Schneider
Clear Point Realty
Chicago Suburbs
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