For example if the listing agent allows you to do a home inspection
after short sale approval do you really think they have any clue what they are doing?
I certainly can not understand why a any seller would want a home inspection to be done
after short sale approval.
We will not be waiting until
after short sale approval to have a contract in place.
For example if the listing agent allows you to do a home inspection
after short sale approval do you really think they have any clue what they are doing?
Not exact matches
All of these things should be done prior to
short sale approval NOT
after.
If the seller's agent is allowing you to walk
after 30 days then I can tell you with certainty that they have no idea what they are doing and the probability of getting a
short sale approval in that time frame is very low.
The last thing they can afford is an uneducated buyer thinking it is fine to bail on them
after a month because they are tired of waiting for a
short sale approval to be issued.
• Servicers are now required to communicate
approval, disapproval, or a counter offer no later than 30 calendar days after receiving an (i) executed sales contract, (ii) Alternative Request for Approval of Short Sale, and (iii) a signed Hardship Af
approval, disapproval, or a counter offer no later than 30 calendar days
after receiving an (i) executed
sales contract, (ii) Alternative Request for
Approval of Short Sale, and (iii) a signed Hardship Af
Approval of
Short Sale, and (iii) a signed Hardship Affidavit.
The Office of Inspector General is recommending more oversight of Fannie Mae's
short -
sale approvals after discovering that it's not keeping up with borrowers» documents.