Home Buying in 08823>Question Details

Maria Roldan, Home Buyer in Deltona, FL

WE NBUYING A HOUSE CASH. WE FOUND A SHORT SALE, BANK APPROVE PRICE CAN CLOSE NOW. ITS A FIXER UPPER.

Asked by Maria Roldan, Deltona, FL Mon Apr 30, 2012

IF EVERYTHING WAS APPROVED(PRICE) WHY ANOTHER APPRAISAL. HOW LONG I NEED TO WAIT FOR A CLOSING DATE?

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Answers

1
Gloria Laughton Allston’s answer
Short sales can take a while because of a number of reasons but often it has to do with Bank backlogs. You did not mention it but banks sometimes ask for 2 appraisals when the property is being purchased or sold by an investor.

Gloria Laughton Allston, REALTOR, GREEN, SFR, SRES
COLDWELL BANKER RESIDENTIAL BROKERAGE
0 votes Thank Flag Link Mon Apr 30, 2012
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