Short Sales are very complicated and can be a long drawn out process that can take several months just to get a response. We specialize in short sales and would be happy to explain the long process. If you are looking to purchase right away and short sales have not accomplished that for you it may be best to alter your search to traditional resales, new builds or foreclosure listings. If you need assistance please feel free to contact us directly.... more
By the way for those looking if the buyer is willing to pay for it in the standard contract the buyer has 17 days to do any and all inspections. The seller can not refuse unless the seller wants to be in breach of contract. Then within those 17 days or anytime before the listing agent presents the buyer with a notice to perform signed by the seller the buyer can cancel for inspection reasons and get a full refund of funds in escrow. This is under standard contract terms of course...... more
Hello Elisa, how are you? I know you asked this question awhile back, but I just stumbled upon it. I'm not sure I completely understand your question. I've seen many of the luxury homes in Riverside County decrease by as much as 50%. Right now is a great time to buy one.
Let me know if you need any more details or if I can answer any other questions.... more
If you do not pay your rent you will be evicted and he your landlord does not pay the mortgage, the property will be foreclosed and your land lord's credit will be hurt. It is all about commitments and contract law. A lawyer will be able to explain the legalitiies, put it is easy to understand if someone signed a contract and indicated that they were going to meet their comitments and if not a lawyer will tell the ramifications.
First Weber Group
Certified Distressed Property Expert