Replies to This Discussion

Permalink Reply by Thom Colby CA Brkr 888-391-5245 on February 16, 2011 at 1:46pm

I have negotiated short sales on multiple properties successfully and concurrently for the same owner but with different banks.  I suspect that as long as there is a true / real hardship there will not be an issue.

 

Best of luck,

 

Thom Colby

Broker / Negotiator

Newport Beach CA

Permalink Reply by John Treadwell on February 16, 2011 at 1:47pm

I would think the seller better be ready to pay some cash to close one or two of them.   The last investors ones I did with wells ,wanted some cash from the seller.

Permalink Reply by Susan Milner, SFR, CDPE, GRI on February 16, 2011 at 2:14pm

Yes, I've done it before. We had some trouble getting them all assigned to the same negotiator but it can be done and even with the same. They mixed up the files often though. Make sure you have it straight and keep them straight. Good luck!

Permalink Reply by Ava Anderson on February 16, 2011 at 4:46pm

I have 2 with Wells Fargo and both got approved.  Seller has to sign promissory note or bring cash to closing.