Some shortsale will take about 2 months while others may take years. We have submitted an offer on a shortsale late 2011 and my client gave up on the property by mid 2012. Seller tried BK, and loan mod. Delaying the process for months, today 2013 property hasn't sold yet. Thereâ€™re many situations involved. Liens, buyer, and lender approval.
Hope this helps. Let me know if you have any specific question... more
Hello Skyler, If you can't find any open houses here are some for sale I can have an agent meet you to show when we have a loan approval. Do you have your financing approval? You will need a pre-approval or DU Approval to submit offers on homes of interest. We specialize in Under 640 Fico Score Loans. You could qualify for FHA CHF Access half percent down payment with a minimum 580 fico score. We need to ask a few dozen questions to issue an approval to look at homes and submit offers. Here is a link to a flyer regarding Half Percent down program http://tinyurl.com/8m558h4 and also a needs list of documents you need to gather to qualify. http://tinyurl.com/8p3792f
Let's get you approved today and out shopping for the home of your choice. Here are listings for sale in Pico Rivera under $300k, starting at $205k $1,000 down and $1,500PITI and up...
Click the following URL to see the Listings Pico Rivera under $300k:
If the seller submitted more than one offer to the bank, the bank will review them all, and select the one they feel is the best.
Your agent should stipulate if the seller accepts your offer that they do not submit any competing offers to the bank. They can accept offers as "BACK UP" offers, in case the bank does not accept the terms and conditions of your offer.