Sentences with phrase «approved short sale price»

New price is APPROVED Short Sale price AS IS Value.

Not exact matches

Short sales generally are not approved if you haven't tried to market the home at a higher price or with a professional agent.

Hi Petra — Often times when you see approved short sale in MLS what the agent is trying to communicate is that a price has been approved.

We were then told the sellers agent spent all day on the phone with the lenders and the short sale was approved for our asking price.

This is an Uxbridge MA Short Sale and needs lender approval however, the list price is approved!

Almost all my listed deals since the investor market has gotten much more competitive have been short sale deals where the seller accepted (and bank ultimately) approved a price that was much less (15 - 30 % I'd say) than the list price.

I've seen lenders fail to approve dozens of short sales where there was true hardship on the part of the sellers, only to take the properties back in foreclosure and sell them six months later at a lower price.

The lowest priced short sale is listed at $ 179,900 and is an approved short sale that was just put back on the market in an older area of Wellington.

To get the bank to approve the short sale and to lessen the deficiency if any, sellers generally want the highest price offer.

Florida Realtors Want an Online Search Site Containing Bank - Approved Short Sale Listings — A List of Homes That Lenders Have Agreed to Short Sale and The Price Which They Will Accept

An online listing of properties in Florida with pre-approved short - sale prices — a searchable website where homes with short - sale prices already approved by the banks could be surfed by agents and potential buyers.

Coming hat in hand with some suggested solutions, the Florida Realtors asked Congress to rule that if banks are silent on a proposed short - sale price, that it should be legally assumed to be approved after 45 days.

During August in the core Orlando market, year - over-year prices increased 26 percent for short sales, which are bank - approved sales for less money than the mortgage owed on the property.

Often times the bank hasn't even done their analysis on the property and there is a good chance the short sale lender will never approve the sale of the property at the listed price.

«When the listing says it is a short sale, but does not address whether or not the lender has been informed and approved of the price, it can be a big red flag,» says Trommler, who cautions against getting involved when the listing language refers to third - party approval, but fails to identify that party.