I would like to know if I am wasting my time putting an offer on 77-79 Franklin Street East Orange, NJ
It is listed as under contract, but I was told I could still make an offer. Will the bank ever see my offer? This is a short sale.
Answers (1)
FIRST ANSWER
You first need to find out iof teh bank has accepted and signed the offer. You really should have an experienced buyer broker to assist you with a short sale. Usually in a short sale if teh bank has not signed an offer, then all offers MUSt be presented to the bank until the time they do sign. It is alot of work for teh listing agent as tehy have to fill out a new net sheet and get a new proposed hud for closing showing what the bank would end up with at closing. good luck with your search
Web Reference: http://www.ScottSellsNH.com
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