Property Q&A in 33767>Question Details

Curry, Home Buyer in England, AR

im a cash buyer from uk what kind of discount would they accept

Asked by Curry, England, AR Mon Oct 13, 2008

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This question is about this property: http://www.trulia.com/property/1061282259-1430-Gulf-Blvd-709…

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3
The last unit to sell in that building was on the 6th floor, had 1341 sf and sold for $340,000 cash. They were asking $374,000.

Vangie Pappas
Pappas Realaty & Management Co.
241 Windward
Clearwater Beach, Fl 33767
pappasguru@hotmail.com
727-501-3268
0 votes Thank Flag Link Mon Oct 31, 2011
In a short sale the seller is limited in that the price they sell for has to be approved by their mortgage company. The offer needs to be within the banks parameters. Which in soimple terms will be at least or more than the bank will receive if they foreclose. The shortsale process can take a long time, you need to find out how far along they ae in the process and if the seller has authorized or approved a price for the property. good luck
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Wed Oct 15, 2008
Good Afternoon, Curry:

This condo is being sold as a Short Sale (pre-foreclosure.) This will prevent the seller from truly making the determination of a sales price. If you would like to contact me, I can explain the short sale process as well as provide information on other similar condos you may wish to consider.

It's Always Sunny in Florida!

Tami Leliuga
Prudential The Property Place
407-948-0540
0 votes Thank Flag Link Wed Oct 15, 2008
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