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07-12-2020, 01:37 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by Mrprez
We found a house up on the north side that is gorgeous inside and out. A lot of money was put into this house and it shows. It has been listed on MLS for almost a full year. It is a short sale with a bank approved sale price. Does that mean there are no negotiations allowed? No reason is given for the short sale: divorce, death, etc.
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I would approach the lender and see what they may be willing to do as it will take a while once you do make an offer to get a price okayed by them. It will be nice to know ahead of time if you need bother at all. The owner is upside down on his loan but I imagine the lender does not want it as a REO.
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