If you need the name of a Realtor in your area, let me know.
crud, I gotta learn to think B4 I write sometimes!!!
If you do not have an accepted offer yet, then you cannot have an actual closing date. Possibly in your offer you stated a 30 day or ? closing. This should reflect a closing date 30 days after acceptance to your offer.
You may withdraw your "unaccepted offer" at anytime and not be subject to the loss of your earnest money. You may only walk from an "accepted" offer/contract if there is things like a valid contengency in place. i.e. "financing approval" and you fail to get Loan approval. or termite or Home inspection and there are Termites or valid Home repairs that are neccessary....
Short sales "can be" total night mares that literally Never close. and No, there is Nothing we can do to speed them up! Except for not slowing them down even more by failing to do our job along the way....
Yes, you can write in your offer that the Bank has a specified # of days to accept your offer or it is void.
Hope this helps!
A foreclosure is a property that is already owned by the bank. The response time is relatively quick on foreclousres, usually you will hear something back in a few days.
Don't hesitate to call with any questions.
Eli Givoni, Director
Short Sale Department, LLC
Serving all 50 states
Talk to your agent and let him/her know what your comfort level is regarding how long you want to wait for a response. You can choose a date 30, 60, 90 days in the future for the expiration date of the offer. That way, if you want to move on at that point, you can. Your realtor can help guide you in that decision.
I was told I could not break my contract until the closing date passes, or i could loose my earnest money. Is that true?