Tags:
I have found that it's nearly impossible to get investment properties successfully short saled.
It has been my experience that if the seller is not behind on payments, they won't look at a short sale.
The bank's definition of "hardship" and yours and mine are two different things.
Beverly Meade
Meade & Co. Real Estate
Aurora, CO 303-364-5892
Beverly, we short sale investment properties all of the time in Florida. More of our short sales are investments and MANY, MANY are current on their payments. There are a few investors who won't approve a short sale with a seler who is current but most will. Seller should expect some sort of cash contribution but I have closed many that did not require a cash contribution from seller.
Impossible? Nope, far from it :)
A hardship is a hardship.
© 2024 Created by Short Sale Superstars LLC. Powered by
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.