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Permalink Reply by Sabrina Simpson on January 27, 2013 at 7:31pm

This is why as a buyer you should have your own agent representation.  Is there are reason you did not have your own agent?  If you are under contract with an agent, we are unable to advise you.  You may want to have everything reviewed by an attorney.  That's the only thing I can suggest.

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Permalink Reply by Jeff Payne on January 28, 2013 at 10:13am

What questions in particular do you have?
What stage of the short sale are you in?
Has the short sale been approved by the bank?

Many of the escrow questions are easy to answer

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Permalink Reply by Moe on January 28, 2013 at 10:17am

Hi Jeff,

I don't know the steps in the process clearly. Right now I am working with my lender closely to get the final loan approval. appraisal done. If you can list actions that are needed to be done or looked for by a buyer, it would be great.

thanks,

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Permalink Reply by Jeff Payne on January 28, 2013 at 10:30am

@ Moe, if your lender is ordering your appraisal and getting final loan approval, that means you are getting close.  Can't imagine anything from this point that you could not feel secure talking to your agent about.  Depending on what state you are in, your agent may or may not be a dual agent, in Florida we are transaction brokers.  

Your lender should be able to guide you thru the loan process easily and the closing agent can walk you thru closing.   Your agent has little to do at this point...

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Permalink Reply by Moe on January 28, 2013 at 11:18am

@Jeff, Who will be the closing agent?

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