Should I submit an offer on a short sale with a contingency of the buyers home closing?
Answers (1)
FIRST ANSWER
Hi Cindy, I will give it a try. Not written rules says: no contingencies but it will depend on the listing agent and seller to take or reject your offer. I had accepted the same situation before , 45 days after submission, servicer request the removal of contingency but at least I know the "approved" short sale price and terms.
Dont fortget that once the short sale is approved most lenders will require a 30 day closing.
Didn’t find what you were looking for? Ask a question!
Ask a question
Got a real estate question? Get answers from locals, experts and real estate pros.
Email me when…
View all »
1 - 3 of 64
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback