I would suggest the USDA program for you. It is a no down payment loan program for that area you live in. You can read more below about the program. I offer this program for Barren County and the surrounding areas.
Joel Lobb (NMLS#57916)
Senior Loan Officer
Key Financial Mortgage Co. (NMLS #1800)*
107 South Hurstbourne Parkway*
Louisville, KY 40222*
My guess is that the agent(s) involved didn't have any idea they were getting themselves into a short sale when this all began... and they may not have the skills do handle a short sale correctly. From contract to acceptance, I expect 4-6 week turn around from the banks if everyone is working diligently. Then another 30 days to close. Hope this gets better for you.... more
Every case is different. Some areas of Warren County have held up better than others. I would be happy to look at your property and offer an assessment at no cost to you. I have been selling homes here for over 23 years. Please let me know if I can help in any way.
Crye-Leike Executive Realty
I can't say no, but I don't believe it would. Banks have a process which only they can make any sense of. They take as long as they take. Your best bet to speed up the process is to make sure the agents and negotiators involved are competent and have done everything the lender requested.
One of the major reasons short sales take longer than they should is due to the seller or their agent not providing a complete package to the lender. If you can find out if the listing agent has a good track record with short sales or if they are using a short sale negotiating company with a strong track record. Your agent should be able to research this for you.
In the mean time, keep your eyes open for other homes you may want to switch to. If you are in a hurry, don't consider another short sale. Best of luck.... more
It sounds doable. Check out my website at www.kentuckyoan.blogspot.com. I can do 620 score so you are not that far off. I can possibly help you raise your score. Call me here in Ky at 502 905 3708.... more
My MLS (Multiple Listing Service) doesn't have information on your city. The easiest way would probably be to call a local realtor and ask them to find out. Your pva office might have the information also if it sold and the new deed has been recorded. Good Luck!... more