Trying to purchase a house on a short sale in Illinois. I'm currently about 5 months in. Can someone please let me know what else I should expect at this point?I know there are 2 lenders that the…Continue
"Sometimes these can take a long time. Generally 3-4 months is a fair estimate. But if you agreed on a counter it should be easy at that point. If they say they are waiting for approval no need to raise offer be patient and follow…"
Trying to purchase a house on a short sale in Illinois. I'm currently about 5 months in. Can someone please let me know what else I should expect at this point?I know there are 2 lenders that the seller's lawyer was negotiating with because they kept saying that they're waiting on an answer from the 2nd lender: (Fannie Mae and Cenlar).After a couple of months, they came back with a counter that we countered + 5K more.A few weeks after that they requested another pre-approval letter + bank…See More
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