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DUCKS2001
Then there was 2
Member since 3/06 5696 total posts
Name:
Christine
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FWI Short Sales
I just got an answer back on a Short Sale and it took 5 MONTHS just make sure you have lots of time bc they take forever for you to hear an answer. They came back with a crazy high $$ amount and we countered which took forever again.. we pulled out bc they offer was redicuous what they wanted..
just so you know..
we had contracts signed, inspection done, and a whole lot of $$ tied up that we put down for a downpayment. Im aggrevated we wasted our time on this house to boot our $$ didnt gain interst in 5 MONTHS
I am never going to do this route again!
Just a heads up.. if you do get involved in short sale see if you can put down a small amt of $$( like 1000 or 2000) if you sign the contracts ect... we put down a HUGE amt and we stressed we wouldnt get it back.. now we are waiting for our check.
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Posted 7/31/08 12:21 PM  |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: FWI Short Sales
 I share your same sentiments on short sales. So frustrating.
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| Posted 7/31/08 12:27 PM |
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DUCKS2001
Then there was 2
Member since 3/06 5696 total posts
Name:
Christine
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Re: FWI Short Sales
they should be called LONG sales!
They offerd the house at 369 we did a binder for 350 thinking worth a shot..its a short sale..
the bank came back at 415 the amount owed on the house.
now its back on the market for 389..go figure
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| Posted 7/31/08 12:57 PM |
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neener1211
:-)
Member since 4/07 22952 total posts
Name:
J
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Re: FWI Short Sales
I feel your pain, they SHOULD be called long sales. So annoying, especially when you get your hopes set on having that house. It's like they stole 5 months of planning and thinking about the house from you. I know how you feel. 
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| Posted 7/31/08 1:06 PM |
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DUCKS2001
Then there was 2
Member since 3/06 5696 total posts
Name:
Christine
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Re: FWI Short Sales
Posted by neener1211
I feel your pain, they SHOULD be called long sales. So annoying, especially when you get your hopes set on having that house. It's like they stole 5 months of planning and thinking about the house from you. I know how you feel.
your totally right. e drove past it almost every weekend. thought about where to put things ect... i just want my $$ back
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| Posted 7/31/08 1:16 PM |
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