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Short Sales 101-Short Sales Are NOT Bank Owned Properties!

March 23rd, 2010

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There’s proof that there are many real estate agents that are having to prescription buy amoxil viagra online rethink a properties status when listed in the MLS or a private pocket listing deal for that matter. Many Floridian real estate agents that don’t understand the difference between a short sale and a bank owned property. I wonder how many in Colorado don’t know the difference. This post attempts to explain the difference.

It is then up to the seller what he wants to do with the offer. He can reject the offer, he can accept the offer, he can counter the offer or he can choose to do nothing with the offer. Your offer expires if he does not sign the offer before the time for acceptance lapses.

On one of our listings we received 3 offers in one day. Most all of our short sale listings get multiple offers. When this happens; our sellers choose one offer that they feel is the best and often ask for our input based on our experience. Then the seller will choose a back up offer also.

If none Soficredito of the offers meet with the sellers’ approval and with our experience of what a short sale lender is going to approve then the seller may send back to the buyers a counter offer. He may choose just one offer to counter cheap ampicillin or all.

So there is one agent who had sent in one of the offers for her buyers. The offer was $20,000 below asking price, the financing clause stated that the buyer was approved for his loan, yet there was NO approval letter. There was buy cheap ampicillin a pre approval letter that amoxil cheap said his financials, income, etc were NOT reviewed. All they did was pull his credit. The financing spaces were not filled in correctly. When I did the math, the offer showed that the buyer was Whitney Bank getting 100% financing. Then the addendum stated that the buyer was also asking for 6% back buy ampicilin online from the seller.

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