SD, if you can explain why this is shady, I will listen. See below.
“When you list a short sale, you are REQUIRED TO INDICATE “Y” IN THE COURT/LENDER APPROVAL NEEDED FIELD. Later, when the seller has accepted an offer and you are waiting for lender approval, you do NOT have to change the status of the listing to pending, BUT YOU MUST EDIT THE MANDATORY REMARKS by using the drop down menu and choosing “Offer Accepted Pending Lender Approval of Short Sale” posted 11/07/08”
This is the guideline for shorts listed on the home page of Sandicor MLS (www.sandicor.com).
As has become common in these posts, the example given does not look shady in the least unless you only look at public access MLS sites.
Those remarks are on like half of all listings. However, generally, they are not in the publicly viewable remarks. They are usually in the confidential remarks (with the lockbox code and the owners personal cell phone).
The fact that the seller is listing it herself is also rather common. If I had to sell right now it would be short and the listing would look similar. Because short sales have to be listed low to get any offers, I would likely have tentative acceptance within 1 week.
Further, most of the public access sites have piss-poor public records access. If you can reasonably string together this same argument after viewing all records tied to this property (the assessor is at 1600 Pacific Hwy, North side of bldg), then I will listen but nothing appears amiss here.
The interspousal has a recording date of the same day that they bought the place (July 06). That is common and not sketchy.
This post is a good example of why it is a bad idea to get shrill regarding something about which one has little understanding.
