Comments on: How To Determine a Short Sale Purchase Offer

By: marie

marie — Sat, 20 Feb 2010 16:20:33 +0000

In your comment… “If the homeowner does not occupy the property, no short sale will be approved. (There can be exceptions to this.)” What are the exceptions?

By: What are banks looking for in a short sale bid? | Freeze Foreclosure

What are banks looking for in a short sale bid? | Freeze Foreclosure — Tue, 10 Feb 2009 13:25:07 +0000

[...] http://reitips.com/short-sale-purchase-offer/ [...]

By: Cory Boatright

Cory Boatright — Mon, 15 Dec 2008 05:48:13 +0000

JP,

Thanks for article post bro. That is really cool of you. Your site looks great. I will tell everybody I know to come check this out.

Keep serving brother.

Remember… be a servant,

Cory Boatright
Loss Mitigation Specialist
http://www.ShortSaleFundamentals.com
http://www.ShortSaleology.com
http://www.1DayFunds.com

P.S. Let me know if I can help you with anything.

Cory Boatright´s last blog post..Why you can’t do the short sale business

By: Carmen

Carmen — Wed, 27 Aug 2008 15:14:37 +0000

I agree. This is an amazing article. Very informative. You gave us something very valuable for free. Wow!

By: Marie

Marie — Thu, 24 Jul 2008 21:59:07 +0000

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.

By: JP Moses

JP Moses — Thu, 24 Jul 2008 20:21:37 +0000

@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

By: Allison

Allison — Thu, 24 Jul 2008 19:57:18 +0000

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?

By: Patrick Riddle

Patrick Riddle — Sat, 19 Jul 2008 19:34:54 +0000

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

By: heytaylor

heytaylor — Tue, 20 May 2008 23:41:03 +0000

Amazing article. I’m going to save it for a long time. Keep em coming!

By: Off Plan Property Exchange

Off Plan Property Exchange — Tue, 20 May 2008 17:53:15 +0000

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.