Csjc
Home Buyer
89074

I signed a contract with a seller on a short sale home on 6/16/09 and found out that the BPO was done on 6/22/09. The results should supposedly be turned into ASC by early this week (which is about 2 weeks since the offer was signed). Things seem to be moving pretty quickly with this short sale, does this sound right or am I being too optimistic? I believe the seller realtor is experienced with short sales so I'm hoping he has a contact within the bank or something.

When I turned my initial offer in, the seller countered with me having to pay for appraisal & home warranty because they knew the lender would not approve those 2 specific items. (I believe the lender bank is Deutsche Bank.) Does this mean that they already began the short sale process with the bank before it actually came on the market? What other steps will have to be completed before the short sale process is complete and I hopefully get the home?

Thanks