Is 5977 Balwin st. a 'short sale' or REO or neither?

Ola Murchison
Home Buyer
Stockton, CA

Answers (1)
Pat Trinchero
Agent
Murphys, CA
FIRST ANSWER

Hello - 5977 Baldwin is a Short Sale - it is in a Pending Status - there has been one offer being reviewed by the lender and there are two back-up offers at this time. These short sales take a very long time to complete. If the lender chooses any or all of these offers, it could take months before the dust settles. There are presently to loans agains the property which means two lenders have to agree to the final price.
Are you interested in Short Sales or REO's in the Valley Springs area?? There are quite a few of them at this time. Please let me know if I can help you in any way.
Patricia Trinchero
Priority Realtors

Wed Jul 29 2009, 12:43

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