Stephanie Grantham
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Appraisals are killing my deals!!

Started this discussion. Last reply by Ron Scribner Nov 26, 2012. 4 Replies

I don't know how many times I have seen the appraisals on my short sale listings come in too high. In March 2012 I had a short sale approved at 103k and before we received our approval letter the…Continue

Tags: Appraisals...............

Short sale and Bankruptcies

Started this discussion. Last reply by TOP END Properties Aug 23, 2012. 3 Replies

I just got off the phone with a client who is wanting to complete a short sale on her property. The home was part of the bankruptcy, however the attorney noted it as their homestead. Can I legally do…Continue

Buyers need to have "skin in the game"

Started this discussion. Last reply by SSbuyer Jul 19, 2012. 12 Replies

I need some suggestions on requiring the buyers to have some "skin in the game" when purchasing my short sale listings.  When a buyer agent presents a contract to my seller they are required to…Continue

Short sales and Bankruptcies??

Started this discussion. Last reply by Kristy Hamilton Jun 20, 2012. 14 Replies

I was recently approached by a fellow agent to process a short sale for her client who is going through bankruptcy. I have heard in the past to stay away from short sales when client is going through…Continue

Tags: sale, short, bankruptcy

 

Stephanie Grantham's Page

Profile Information

First Name
Stephanie
Last Name
Gratham
State
Texas
City
Lubbock

Stephanie Grantham's Blog

MI REQUIRING MARKET VALUE FOR PROPERTY IN EXTREME DISREPAIR....HELP!!!!

Posted on August 10, 2011 at 3:38am 2 Comments

 

We recently submitted an offer to ASC for a short sale property at 84k (market value at 115,000 property needing about 20k in repairs) Lender countered at offer of 99k - buyer countered back at 90k. I received an email yesterday from the negotiator that the MI company is now requiring at NET of 96k - Is this deal dead or is there something I can do to counter this??

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