The best way to know is by meeting with the agent or talking over the phone. I have been working with short sales since 2008 and have become one of the best at negotiating with lenders.
The most important thing is making sure the offer you are making to the bank is supported by 3 sold comparables similar to property. The lender is also important because each bank works differently. Some lenders can approve a short sale within 30-45 days like BOA, some take 60-90 days like ASC.
It is also important to know if listing agent handeling the short sale is experienced and if not experienced in short sales , that they are being assisted by a good short sale attorney.
I get 100% of my short sales approved. It is all in the appraisal or BPO that lender gets.
I work with a fort lee nj short sale attorney that is not just good but reliable and reachable at all times.
For a free consultation , please feel free to email me or call me.
Liberty Realty LLC
Email: ShortSales4Sale@aol.com... more