I was wondering if you were successful in your search for a new home in South Miami. If not, we would love to talk to you and see if we can be of assistance. We specialize in the South Miami market for over 20 years.... more
Like Rick and Ines
I've lived in Miami since 1988 and have 2 kids and me and my husband travel to a lot of places around the world. Nice beaches, nice weather, a lot of restaurants, a multicultural city, and a nice place to live.... more
Miami's REO market as I have experienced is very INTERESTING. In addition to the previous answers which I agree with. Along the path I have been thru in buyng REO's in Miami I have heard many interesting things including back end deals etc... Buying REO's is not easy but very profitable if accomplished.... more
I am going to partially agree with you and partially disagree. Your agent should have informaed you better of the process and what might happen during a short sale. It might be the listing agent (i'm assuming your agent is not also the listing agent for the bank) that might be lying to your agent about being approved when in reality it is not. Your agent should also know better than that. Your agent is at the mercy of the listing agent as they are the only ones instructed and allowed to contact the bank - so your lawyer is incorrect - you could try to contact the lender but that will lead you nowhere.
I would contact your agent and tell him/her to be honest with you and explain the circumstances and then porceed with the listing agent to see if it is indeed approved. It is your right to demand answers, it just may be that your agent is getting his/her information from the listing agent who may not know very well what they are doing or is trying to buy time. I hope that is not the case.
Good luck in your purchase,
Javier Olmedo, ABR, GRI
Florida Realty of Miami