Asked by Vigalz11, New Hampshire • Sat Nov 5, 2011
We made an offer on 11/4 on a short sale property that has been sitting on market over a year. Today, 11/5 my agent called me said that the bank has accepted my offer (not approving the offer). And they want me to sign the addendum (not sure what it is) on monday 11/7 and run inspection also appraisal soon after. Everything will cost around $1200.
Is this suppose to be a good sign? aren't they suppose to approve my offer first then inspection and appraisal? I waste all my money out of window if they won't accept my offer then? is that true that wells fargo has speed up their short sale process? if everything goes thru, how long it will close?
anybody experience with this before?
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