Pre Approved Short Sales......anyone heard of this? - Short Sale Superstars2024-03-28T22:22:18Zhttps://shortsalesuperstars.com/forum/topics/pre-approved-short-sales-anyone-heard-of-this?commentId=3468065%3AComment%3A494698&xg_source=activity&feed=yes&xn_auth=noLikely was previously approve…tag:shortsalesuperstars.com,2022-02-22:3468065:Comment:4970082022-02-22T18:08:18.242ZPhoenix Nest Homeshttps://shortsalesuperstars.com/profile/PhoenixNestHomes
<p>Likely was previously approved at that price or was given a counter previous buyer could not match. That in no way guarantees you that price and most agents tend to be misleading with that. I find most truly just don't understand how short sales work and don't do it on purpose.</p>
<p>Likely was previously approved at that price or was given a counter previous buyer could not match. That in no way guarantees you that price and most agents tend to be misleading with that. I find most truly just don't understand how short sales work and don't do it on purpose.</p> Out of my experience, this on…tag:shortsalesuperstars.com,2021-10-09:3468065:Comment:4946982021-10-09T05:02:36.362ZMigdalia Perezhttps://shortsalesuperstars.com/profile/MigdaliaPerez
<p>Out of my experience, this only happens when the bank gives their expectations after a BPO or appraisal has been received. </p>
<p>Out of my experience, this only happens when the bank gives their expectations after a BPO or appraisal has been received. </p> Most agents don't know much a…tag:shortsalesuperstars.com,2021-07-12:3468065:Comment:4932332021-07-12T15:18:10.901ZBrett Goldsmithhttps://shortsalesuperstars.com/profile/BrettGoldsmith
<p>Most agents don't know much about short sales, so this term can be very misleading and you need clarification. At times they use this term when simply they are " pre approved for a review ". Other times they could meant he deal was "previously approved" and we know that means the terms may be subject to change. The only time IMO that a short sale is pre approved is on a FHA Short Sale ( pre foreclosure sale program ) when they have issued an approval to…</p>
<p>Most agents don't know much about short sales, so this term can be very misleading and you need clarification. At times they use this term when simply they are " pre approved for a review ". Other times they could meant he deal was "previously approved" and we know that means the terms may be subject to change. The only time IMO that a short sale is pre approved is on a FHA Short Sale ( pre foreclosure sale program ) when they have issued an approval to participate.</p>
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