As Bill pointed,
YOUR PURCHASE OFFER AMOUNT may be what determines if it will be a short sale.
If your offer was at FULL LIST PRICE, then 'third party approval' should have been stated.
Furthermore, the instrument of onwership WILL also influnece how and what is disclosed.
Probate and trustee sales are also third party approval sales.
There is WAY TOO MUCH we do not know!
Please resist attempting to place blame.
Conslult your real estate professional, Your agent has access to all the real information, not the fragments you have provided.
If you want to buiy the house...do what you need to do.
If you don't want to buy the house...move on.
Your purchase offer did specify a 'closing date.' Be prepared to walk if the closing date can not be met or the justification is nebulas.
Surely we don't have the details to provide 'actionable' direction.
However, your agent does. What does your agent say?... more
Yes. But that's something totally different from an FHA loan. If you want some info, take a look at the link here. You can also email me with any questions. There are several things that you want to look out for. SONYMA has their own income requirements and also have requirements for their grants, even for after you close.... more
Well it's always better to have your agent with you at the beginning of a deal instead of including one after you already saw the place and did not inform him or her. But having an agent represent both sides is extremely common in New York but you will be presented with dual agency paperwork to sign so you know the agent is working both sides as fairly as possible.
Try and see if the selling agent will go for you including in an agent and see how it goes.... more
Hello, right now we have seen prices go upwards in the last few months and especially since the Stadium has been completed. Prices do not drop in every location equally, in Brooklyn we have seen a increase and less low price deals like before. If you can get a deal now while the interest rates are still low as well then you may want to go for it.
Remember, nothing this good lasts forever so don't miss the boat, jump on and ride the wave while you still can.... more