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fdnywife
Mommy of 3 and 4 rescues
Member since 9/09 1841 total posts
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The short sale I am buying was delisted?
It also says Great Audubon Society or something on it with a little cartoon whale or fish (on the map)???
I asked my real estate agent who will get back to me tomorrow and Ill call the lawyer for an update.
The sellers and I signed the contract and I was preapproved. Were just waiting on the banks approval.
*keeping fingers crossed* knowing my luck, the sellers might have backed out or something.
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Posted 10/8/11 12:56 AM  |
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Prudential Douglas Elliman Real Estate
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: The short sale I am buying was delisted?
If you want to send me the mls # I can look up what the realtor comments are.
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| Posted 10/8/11 8:41 AM |
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fdnywife
Mommy of 3 and 4 rescues
Member since 9/09 1841 total posts
Name:
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Re: The short sale I am buying was delisted?
IDK how to get the mls # b/c its showing up as off the market on redfin and wont come up in a search on MLSLI.
Ill FM you. Thanks.
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| Posted 10/8/11 11:36 AM |
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Jan1975
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Member since 8/09 3846 total posts
Name:
Sarah
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Re: The short sale I am buying was delisted?
As soon as we signed the contract our house was taken off MLSLI.
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| Posted 10/8/11 8:10 PM |
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Re: The short sale I am buying was delisted?
Posted by SweetApril
As soon as we signed the contract our house was taken off MLSLI.
It wouldn't work that way for a short sale. With a short sale, the buyer and seller sign contracts that are subject to third party (i.e., bank) approval. Once the contracts are signed, then the status on the realtor version changes to PBA ("pending bank approval"), and it still shows as available on both the realtor and consumer mls websites.
That's different from a traditional sale. As you said, once contracts are signed, the status gets changed to "under contract" and the property no longer shows up as an available listing on MLS and other real estate websites.
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| Posted 10/8/11 9:10 PM |
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fdnywife
Mommy of 3 and 4 rescues
Member since 9/09 1841 total posts
Name:
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Re: The short sale I am buying was delisted?
Posted by Century 21 Dallow - Christine Braun
Posted by SweetApril
As soon as we signed the contract our house was taken off MLSLI.
It wouldn't work that way for a short sale. With a short sale, the buyer and seller sign contracts that are subject to third party (i.e., bank) approval. Once the contracts are signed, then the status on the realtor version changes to PBA ("pending bank approval"), and it still shows as available on both the realtor and consumer mls websites.
That's different from a traditional sale. As you said, once contracts are signed, the status gets changed to "under contract" and the property no longer shows up as an available listing on MLS and other real estate websites.
Im confused - so it is confusing right? They wouldnt remove it for a short sale right? And off of all the sites in the same day?
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| Posted 10/9/11 8:40 AM |
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Re: The short sale I am buying was delisted?
No - it wouldn't be removed because it's under contract, pending bank approval. It should still show as available.
It's possible that the listing agent's listing agreement expired, and that's why it's down from the MLS and related sites.
Was Jannette able to get you any more info? I know she offered to look into it for you. If you still need info, and can't get in touch with your realtor, you can send me the MLS # by FM, and I'll take a look for you.
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| Posted 10/9/11 8:06 PM |
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