Cindypowell, Home Buyer in Oak Hills, CA

Is this property still available?

Asked by Cindypowell, Oak Hills, CA Wed Jan 20, 2010

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This question is about this property: http://www.trulia.com/property/1087915984-31495-Congressiona…

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4
Jane Grant, Agent, Aguanga, CA
Tue Jan 26, 2010
Cindy: The agent says that this offer is likely to stay as the potential buyer is willing to wait and wrote a very strong offer.

The agent placed this property into "back up", on 1/14/10, so, the likelihood of this one falling out due to the buyer not waiting is unlikely. However, you may certainly write a back up offer just in case!

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Web Reference:  http://www.soreal.biz
0 votes
RealtorUtpal, Agent, Riverside, CA
Thu Jan 21, 2010
Cindy,

This property is in backup status. That also means that you can still make a backup offer. With lot of the short sales, many buyer do not stick around when it comes time for approval. Therefore, it will not hur to put a backup offer in. There are like properties in the area that I would be glad to send you as we are the largest office in Temecula and take most listings, provided you are not working with a realtor.

Feel free to contact anytime.

Warmest Regards,

Utpal 'Paul' Parikh, GRI REALTOR. - 20+ years of experience.
619-990-9901 Direct
RealtorUtpal@yahoo.com
http://www.951BuySell.com
Keller Williams Realty, Temecula, CA
Web Reference:  http://www.951BuySell.com
0 votes
Jamie Curtis, Agent, Murrieta, CA
Wed Jan 20, 2010
Hi Cindy,

This property is listed in "backup" status. It is a short sale and states it's in the beginning stages of the short sale. It's likely the sellers accepted an offer but it has to be submitted to the bank for their approval. There could also be a second on this property, in that case it would need approval from the 2nd mortgage holder as well. It's very probable with short sales (due to the time involved to gain approval) that the current buyer could back out so you still can put in a back up offer on this property if interested.

Not sure what price range you are looking at but It was listed at $299,995 and not $92,951 as indicated on Trulia. If you'd like any further information please don't hesitate to contact me.

Thank you,
Jamie Curtis
jc@homesbyjamiecurtis.com
0 votes
Ricki Lynn M…, Agent, San Diego, CA
Wed Jan 20, 2010
Cindy, This is a short sale listing that is in Backup Status. What more than likely happened. The owners are in the beginning stages of the short sale process. If the Owners were just submitting their short sale request packet of paperwork to their lender, they needed an offer to go with it.
By the looks of this home, there had to be several offers submitted, so the listing agent changed the status to Backup. Meaning the Sellers have accepted an offer with the lenders approval, but are willing to accept backup offers.
Was there something specific you liked about this home?
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