Good Afternoon Mr. Liang,
Your question does not indicate which property you are seeking to see. If you are in the market to purchase a home in Palmetto Bay, please feel free to contact me as I not only live in the community but have also had sales in the area.
RE/MAX Advance Realty
Gina - they may have been talking about a "bridge loan" (also known as an 'interim loan')
A loan that "bridges" the gap between the purchase of a new home and the sale of a current or existing home. The current home is used as collateral and the bridge loan is used to pay closing on the new home before the current home is sold. ...
They were once popular in a market where it was advisable to purchase the 2nd home, prior to selling the 1st. They're no longer that popular, as you might imagine.... more
Good Morning Jeannette,
Making an offer on a short sale property can require a great deal of patience depending on who the lender is on the property. Some lenders process the short sales within a 30-60 day timeframe, while others can take 90-120 days, if not more. Each lender has their own processes and timeframes. In addition, if the home you have made an offer on, has more than one mortgage, it then requires the approval of both lenders.
Staying in touch with your realtor and having him/her stay in contact with the office handling the short sale is crucial. Sometimes it requires following up with the lender every week to make sure that all is progressing forward. Sort of the sqeeky wheel gets the oil thought.
Good luck and of course be patient, it really can be worth the wait.
The home is not currently listed for sale. However, I would be happy to help you with other properties for sale in the area. Feel free to call me at 305-321-4263.
Blue Mar Real Estate Group, Inc.