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Sheriff sale date today!

Posted by Mike Rosania on February 5, 2013 at 1:26am in Short Sale Discussions
Suntrust first Fannie is the investor. Full price cash offer which was sent to Fannie via Cartus about a month ago. As of yesterday there was still no word regarding foreclosure sale date being postponed and I can't get any Info from Suntrust, Cartus, or Fannie other than file under review and all parties are aware of the impending sheriff sale. Any contacts, input, or advice would be greatly appreciated!

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Replies

  • Wayne Brooks February 5, 2013 at 6:47am

    Sorry.  With Fannie, no surprise.  I saw a Fannie short sale here, approved at $289K, sale fell thru, 2 weeks later Fannie at foreclosure auction  bids it up, and takes it back at $303K.  They had it sold for $302,900, no RE commission, no closing costs.....Go figure.

  • Mike Rosania February 5, 2013 at 6:12am

    Looks like I lost one to the giant. They bought it back for a little bit higher than the offer. Buyer went to auction and lost to Fannie!

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