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
Approved short sale listings come about when a potential buyer submits an offer for consideration but backs out after the bank approves it.
Not exact matches
I need your opinion... I've been trying to buy a SS that was already «
approved — buyer fell out at last minute» and the
listing agent is a self - described
Short Sale Expert.
I take issue with anyone
listing a property as
short sale approved.
Banks might not necessarily
approve loans on homes that are
listed as
short sales.
If a borrower has not obtained an
approved short sale transaction at the end of any marketing or
listing period, a servicer may determine that a borrower has failed to perform under an agreement on a loss mitigation option.
With a lot of agents in our area not wanting to show «
short sale»
listings I use this offer to get from the bank what they will really accept and then can market the home with an
approved value.
We have been told that the
listing agent deals with a lot of
short sales, and the only ones he's been having trouble getting
approved have been Countrywide.
This is an Uxbridge MA
Short Sale and needs lender approval however, the
list price is
approved!
We have a Wellington
short sale listing that has not been
approved to be canceled in writing by our broker and another agent was able to duplicate the
listing in the MLS so that agent must not have checked to see if we had canceled the
listing.
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.
Many real estate professionals have made the mistake of taking a
listing and marketing it as a
short sale only to find out later that the investor will not
approve the transaction due to the seller not having a valid financial hardship.
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.
An «
approved short sale»
listing, though, is different.
I need your opinion... I've been trying to buy a SS that was already «
approved — buyer fell out at last minute» and the
listing agent is a self - described
Short Sale Expert.
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.
Short sale has been
approved at current
list pri...
With a lot of agents in our area not wanting to show «
short sale»
listings I use this offer to get from the bank what they will really accept and then can market the home with an
approved value.
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.
Hi there Sorry I havent answered previous questions... there are no websites that carry the
short sale list for my area that I know of the best thing is to read the add whether it is in the mls or newspaper or on craigslist when you see the term «Subject to lender approval» that for me is the giveaway of a shortsale, also now they come right out and say
short sale approved.
«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.