[quote=urbanrealtor]Thats most of my clients right now.
Good credit, good pay, but low savings (like 5-10 percent).
Not always the best position to get low offers accepted but totally reasonable.
(…)
The shorts seem to only care that they have a patient buyer (I am listing a few) and that the lender is legit.
If you have more detailed questions (like too detailed for a thread), you can also email. Its my handle at gmail.
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Aha, I was wondering how many are in my situation…I knew some of my friends were…
Thanks, Urbanrealtor! I may contact you in the future.
In short sales succes stories with <20% down, what was crucial factor for success? For example, the speed at visiting the property after it hit the MLS & making a decision & offer - how long was that? Other factors (beside the pre-approval with a serious lender)?
