Foreclosure in Mansfield>Question Details

A, Home Buyer in Seattle, WA

I'm interested in a short sale, but on the door there is a notice to vacate and the name of a new real estate

Asked by A, Seattle, WA Wed May 13, 2009

company. What does this mean for my ability to purchase the house? Who do I deal with - the old or new real estate group? Any suggestions on how to get the house?

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Answers

3
It means the bank has taken the house back in a foreclosure. Contact the agent listed on the sheet and your agent should be able to make an offer and you should be able to get an answer quickly.
0 votes Thank Flag Link Sat May 29, 2010
If the notice to vacate has been posted then it is no longer a short sale. It is a foreclosure.

That is good news to you because you won't have to wait months to get an approval through a short sale.

There will be several steps before it goes on the market. I will be happy to research it for you if you are not represented by a buyer's agent.

Naima
214-289-8555
Naima@Sumner-Realty.com
Web Reference: http://www.SumnerRealty.com
0 votes Thank Flag Link Wed May 13, 2009
You need to work direct with YOUR OWN buyer's agent WHO represents you obtain correct info. saves you much time and energy involved.

RULE OF THUMB: never purchase a home direct from following unless you have own agent:
Bank, builder, FSBO, listing agent, seller

If the home NOT gone thru entire process it could be months prior any paperwork completed:

Direct link of "real time active listings in Mansfield homes for sale
http://sites.google.com/site/dallasbankforeclosureslistings/

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0 votes Thank Flag Link Wed May 13, 2009
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