Stacy Matlock.com, stacy matlock,
Coldwell Banker Cocoa Beach Realty,Cocoa Beach Real Estate, Merritt Island Real Estate,
Foreclosures & Shortsales in Brevard County FL.First Time Home Buyers, HAFA Program, Merritt Islland Coldwell Banker Cocoa Beach Realty,Cocoa Beach florida short sales,condos in cocoa beach florida for sale,cocoa beach fl real estate,houses for sale in cocoa beach, houses for sale in Merritt Island fl,stacy matlock cocoa beach fl, stacy matlock merritt island fl, realtor on cocoa beach,
Stacy Matlock, real estate, realtors, Brevard County Florida investment properties, homes, properties, homes, realtors, county homes, Stacy Matlock , Merritt Island Real Estate for sale, Cocoa Beach Real Estate For Sale,Water front properties for sale Brevard County, Brevard Homes for Sale, Free Short Sale List MerrittColdwell Banker Cocoa Beach Realty, Cocoa Beach FL Real Estate Listings and homes for sale,How To Avoid Forclosures, Short Sales, local information Island Florida,We're Always Working For You Call us Today to find out how to avoid foreclosure. We can help in obtaining affordable home owners insurance. Coldwell Banker Stacy Matlock Realtor,
A buyer purchasing a short sale can get a good deal because the lender who considering the short sale would prefer to sell the property at a discount than have to deal with the costs of a foreclosure.
The listed sales price is not necessarily any indication of what the bank may consider as an acceptable offer.
A buyer submitting a short offer needs to be patient! It's not a simple process and very few close within 60 days. The lender may take quite some time determining if they will accept, counter, or refuse an offer. (The bank may take 30 days or even 3 months to accept an offer.) Not all lenders handle a short sale in the same way. Some lenders are faced with many short sales to investigate and negotiate, and they my not have the staff or even a clear policy on how they are handled within their own company. The lender may ask to see other offers, requesting the property continue to be marketed for sale until they have accepted an offer.
A buyer submitting a short offer needs to be flexible! (And the lender/bank may not be!) Even once the lender has approved an offer, the lender may force unexpected delays. The lender may be very particular with the terms of the sale, e.g. closing dates are not easily changed, and contracts may not be assignable.
