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Sun Valley : Real Estate Advice

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  • Home Buying4
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Activity 9
Tue Mar 29, 2016
Maria asked:
three adults and three underage. No drinking or smoking habits. Steady income! friendly, respectful and responsible family. Price ranging from $1,900-$2,100 move in dates April/May
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Sun Jul 13, 2014
Cecilia Barrera asked:
i have a poor credit score boyfriend has 1 eviction need to move in my august 1..need help a.s.a.p
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Fri Oct 25, 2013
The Foggs answered:
Thanks Brad, and there are several new good listings in that area
0 votes 3 answers Share Flag
Sun Dec 4, 2011
Annette Lawrence answered:
That is the way short sales work. You can spend months working through the process, jumping through the hoops only to find the objectives of the onwer may have changed. These objectives CAN be influenced by the conditions the bank may impose on the owner. So, at the very last moment, if the owner does not like the deal the bank is offering them, may decide the outcome most beneficial to them is a bankruptcy. You, the buyer, will have no influence. As many have said before, closing a short sale is a miracle! Only 30% of listed short sales ever close as a short sale. ... more
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Sat Nov 5, 2011
Shel-lee Davis answered:
Vicky:

B of A start to finish is 30-60 days. Of course, much depends on the listing agent/negotiator. If you don't push at the right times it can take twice as long. You know the old saying about the squeeky wheel, right?

Also, B of A traditionally issues a conditional short sale approval letter when the seller has filed BK. I have not seen them hold up the approval letter, awaiting the discharge. They will even close without a discharge if the property is removed from the Bankruptcy Estate (which requires the Trustee to abandon the property or the court to approve removing the property from the estate, or maybe both, I am not certain). Anyway, you should be asking about a conditional approval letter. Perhaps it is not the bank that is waiting for the discharge, but the agent/negotiator. I see this happen often when they are not experienced with BK or the way B of A handles a BK.

So have your agent call the listing agent and push a little. It won't hurt and it might just speed the process up a bit. Good Luck and Dare to Dream.

Shel-lee Davis, QSC®
Certified Distressed Property Expert – CDPE®
Short Sale & Foreclosure Resource – SFR®
Certified HAFA Specialist – CHS®
SSG Pro®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
424-2HELP12 (424-243-5712)
myrealestateanswers@gmail.com
http://shel-lee.listingbook.com
... more
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Tue Oct 18, 2011
Vicky asked:
We put in an offer on a short sale, but my agent always answers me that we need to wait. I never experienced one, and I would like to know the process. I will really appreciate if I can…
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Mon Aug 29, 2011
Jhon Cordova answered:
there are not pictures of the fence in the MLS but if you do a maps.google search ,you will see it seems it has a fence
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Mon Jul 6, 2009
M.D.J answered:
The additions need to be done in a workman like manner but no value is given and a cost to cure from the appraiser for it to be acceptable. The answer is a possible "Yes" with that in mind.


Good luck.
... more
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Sun Oct 26, 2008
Keith Sorem answered:
Sevada
I specialize in the area you mention. You can contact me via my Trulia profile.

If you are working on your property tax appeal let me know. I can help you with that also.
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