[quote=urbanrealtor][quote=AK]Why would it be an easy short sale, UR? Because there’s enough equity to cover the first with a little bit left over for the second? Or for some other reason?[/quote]
No that’s pretty much why.
Once you cover 5% of the second, you can be pretty sure that the second will eat the rest.
In this case they would get more than 10 percent.
However the listing implies that the seller will show up with funds to close the deal (thus making this analysis largely irrelevant).[/quote]
Thanks for the info UR!
I wonder if that’s the secret of the agents who claim 100% success at short sales … knowing which ones to pick!
