Replacing buyer with Seterus and Suntrust

Just had a buyer walk the same day I received short sale approval on a Suntrust 2nd. Already had the 1st approved with Seterus.

I was able to get a 2nd buyer to meet the price and terms that the approvals were set upon. However, I haven't had to replace a buyer with either of these companies before.

Does anyone have any experience with replacing buyers with Seterus and/or Suntrust after receiving an approval? Any insight greatly appreciated.

0 members like this

▶ Reply to This

Replies to This Discussion

Permalink Reply by Bryant Tutas on August 25, 2012 at 12:34am

Suntrust will replace a buyer with no issue. Seterus may. Just send them both the new contract and revised HUD asap.

▶ Reply

RSS

Welcome to
Short Sale Superstars

Sign Up
or Sign In

Or sign in with:

Members

View All

Badges | Report an Issue | Terms of Service

Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.