Comments on: How To Determine a Short Sale Purchase Offer http://reitips.com/short-sale-purchase-offer/ Real Estate Investing, Undressed: Tips, ideas and news real estate investors can use. Sat, 06 Sep 2008 01:57:19 +0000 http://wordpress.org/?v=2.6.1 By: Carmen http://reitips.com/short-sale-purchase-offer/#comment-131 Carmen Wed, 27 Aug 2008 15:14:37 +0000 http://reitips.com/?p=75#comment-131 I agree. This is an amazing article. Very informative. You gave us something very valuable for free. Wow!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('131','Carmen'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('131','Carmen','I agree. This is an amazing article. Very informative. You gave us something very valuable for free. Wow!'); return false;">Quote</a></div> I agree. This is an amazing article. Very informative. You gave us something very valuable for free. Wow!
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]]> By: Marie http://reitips.com/short-sale-purchase-offer/#comment-102 Marie Thu, 24 Jul 2008 21:59:07 +0000 http://reitips.com/?p=75#comment-102 We are "bidding" on a short sale right now. The list price on the house was $139,000. We have since learned that Freddie Mac has the loan. Our offer was $126,000. I never knew of the "minimums" before. Did we bid too low. It has been three weeks and we haven't heard anything. The listing agent has been called a few times a week - but doesn't have any new information.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('102','Marie'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('102','Marie','We are \"bidding\" on a short sale right now. The list price on the house was $139,000. We have since learned that Freddie Mac has the loan. Our offer was $126,000. I never knew of the \"minimums\" before. Did we bid too low. It has been three weeks and we haven\'t heard anything. The listing agent has been called a few times a week - but doesn\'t have any new information.'); return false;">Quote</a></div> We are “bidding” on a short sale right now. The list price on the house was $139,000. We have since learned that Freddie Mac has the loan. Our offer was $126,000. I never knew of the “minimums” before. Did we bid too low. It has been three weeks and we haven’t heard anything. The listing agent has been called a few times a week - but doesn’t have any new information.
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]]> By: JP Moses http://reitips.com/short-sale-purchase-offer/#comment-101 JP Moses Thu, 24 Jul 2008 20:21:37 +0000 http://reitips.com/?p=75#comment-101 <a href="#comment-100" rel="nofollow">@Allison</a> - If they keep stalling, you may very well lose out. Have you considered asking the mortgage company for an extension? They won't always grant it, but it certainly happens a decent number of times when asked for. Especially in today's turbulent market. ...jp<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('101','JP Moses'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('101','JP Moses','<a href=\"#comment-100\" rel=\"nofollow\">@Allison<\/a> - If they keep stalling, you may very well lose out. Have you considered asking the mortgage company for an extension? They won\'t always grant it, but it certainly happens a decent number of times when asked for. Especially in today\'s turbulent market.\n\n...jp'); return false;">Quote</a></div> @Allison - If they keep stalling, you may very well lose out. Have you considered asking the mortgage company for an extension? They won’t always grant it, but it certainly happens a decent number of times when asked for. Especially in today’s turbulent market.

…jp

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]]> By: Allison http://reitips.com/short-sale-purchase-offer/#comment-100 Allison Thu, 24 Jul 2008 19:57:18 +0000 http://reitips.com/?p=75#comment-100 We originally purchased our house for $225 and had a $225K MV. We rec'd an offer for $204K from husbands job's relocation package which expires 8/8. I never faxed so much information, more than once applying for a short sale. They seem to be stalling so we lose the offer. What do you think?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('100','Allison'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('100','Allison','We originally purchased our house for $225 and had a $225K MV.\r\nWe rec\'d an offer for $204K from husbands job\'s relocation package which expires 8\/8.\r\nI never faxed so much information, more than once applying for a short sale.\r\nThey seem to be stalling so we lose the offer.\r\nWhat do you think?'); return false;">Quote</a></div> We originally purchased our house for $225 and had a $225K MV.
We rec’d an offer for $204K from husbands job’s relocation package which expires 8/8.
I never faxed so much information, more than once applying for a short sale.
They seem to be stalling so we lose the offer.
What do you think?
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]]> By: Patrick Riddle http://reitips.com/short-sale-purchase-offer/#comment-93 Patrick Riddle Sat, 19 Jul 2008 19:34:54 +0000 http://reitips.com/?p=75#comment-93 I haven't seen the minimum accepted net offer percentages before. Thanks for the tip! Patrick Riddles last blog post..<a href="http://mustknowinvesting.com/2008/07/18/3-vital-keys-to-getting-millions-in-private-money-for-real-estate/" rel="nofollow">3 “Vital” Keys to Getting Millions in Private Money for Real Estate</a><div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('93','Patrick Riddle'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('93','Patrick Riddle','I haven\'t seen the minimum accepted net offer percentages before. Thanks for the tip!\n\nPatrick Riddles last blog post..<a href=\"http:\/\/mustknowinvesting.com\/2008\/07\/18\/3-vital-keys-to-getting-millions-in-private-money-for-real-estate\/\" rel=\"nofollow\">3 âVitalâ Keys to Getting Millions in Private Money for Real Estate<\/a>'); return false;">Quote</a></div> I haven’t seen the minimum accepted net offer percentages before. Thanks for the tip!

Patrick Riddles last blog post..3 “Vital” Keys to Getting Millions in Private Money for Real Estate

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]]> By: heytaylor http://reitips.com/short-sale-purchase-offer/#comment-13 heytaylor Tue, 20 May 2008 23:41:03 +0000 http://reitips.com/?p=75#comment-13 Amazing article. I'm going to save it for a long time. Keep em coming!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('13','heytaylor'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('13','heytaylor','Amazing article. I\'m going to save it for a long time. Keep em coming!'); return false;">Quote</a></div> Amazing article. I’m going to save it for a long time. Keep em coming!
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]]> By: Off Plan Property Exchange http://reitips.com/short-sale-purchase-offer/#comment-10 Off Plan Property Exchange Tue, 20 May 2008 17:53:15 +0000 http://reitips.com/?p=75#comment-10 This is a fabulous article with an amazing level of detail. Tomorrow I'm going to link to it from my blog. So please come ane visit. Regards, Mark www.offplanpropertyexchange.com - New homes for sale and worldwide property investment opportunities.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('10','Off Plan Property Exchange'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('10','Off Plan Property Exchange','This is a fabulous article with an amazing level of detail.\r\n\r\nTomorrow I\'m going to link to it from my blog. So please come ane visit.\r\n\r\nRegards,\r\n\r\nMark\r\n\r\nwww.offplanpropertyexchange.com - New homes for sale and worldwide property investment opportunities.'); return false;">Quote</a></div> This is a fabulous article with an amazing level of detail.

Tomorrow I’m going to link to it from my blog. So please come ane visit.

Regards,

Mark

http://www.offplanpropertyexchange.com - New homes for sale and worldwide property investment opportunities.

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