Home › Forums › Closed Forums › Buying and Selling RE › Advise on making offer on short sale
- This topic has 36 replies, 7 voices, and was last updated 12 years, 12 months ago by tugg49.
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September 4, 2009 at 1:43 AM #16298September 4, 2009 at 5:19 AM #452817[email protected]Participant
The amount of the deposit cam vary and is whatever is agree upon between the buyer and seller.
Your agent’s broker is required to place your deposit in his or her’s trust account and is also required to keep a very accurate record of the deposit.
September 4, 2009 at 5:19 AM #453617[email protected]ParticipantThe amount of the deposit cam vary and is whatever is agree upon between the buyer and seller.
Your agent’s broker is required to place your deposit in his or her’s trust account and is also required to keep a very accurate record of the deposit.
September 4, 2009 at 5:19 AM #453425[email protected]ParticipantThe amount of the deposit cam vary and is whatever is agree upon between the buyer and seller.
Your agent’s broker is required to place your deposit in his or her’s trust account and is also required to keep a very accurate record of the deposit.
September 4, 2009 at 5:19 AM #453352[email protected]ParticipantThe amount of the deposit cam vary and is whatever is agree upon between the buyer and seller.
Your agent’s broker is required to place your deposit in his or her’s trust account and is also required to keep a very accurate record of the deposit.
September 4, 2009 at 5:19 AM #453015[email protected]ParticipantThe amount of the deposit cam vary and is whatever is agree upon between the buyer and seller.
Your agent’s broker is required to place your deposit in his or her’s trust account and is also required to keep a very accurate record of the deposit.
September 4, 2009 at 6:11 AM #453020UCGalParticipantI didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)
September 4, 2009 at 6:11 AM #453622UCGalParticipantI didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)
September 4, 2009 at 6:11 AM #452822UCGalParticipantI didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)
September 4, 2009 at 6:11 AM #453430UCGalParticipantI didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)
September 4, 2009 at 6:11 AM #453357UCGalParticipantI didn’t know you put earnest money on short sale offers – especially back up offers – until the bank accepted them.
I thought short sales were “fire and forget” since the process takes so long and is non-binding until the bank accepts it.
(I can see having a deposit required after the bank approves your offer.)
September 4, 2009 at 7:31 AM #453435sdrealtorParticipantUCGAl is corect. No check should be due until and unless you get written acceptance of your offer by the sellers lender.
September 4, 2009 at 7:31 AM #453627sdrealtorParticipantUCGAl is corect. No check should be due until and unless you get written acceptance of your offer by the sellers lender.
September 4, 2009 at 7:31 AM #452827sdrealtorParticipantUCGAl is corect. No check should be due until and unless you get written acceptance of your offer by the sellers lender.
September 4, 2009 at 7:31 AM #453362sdrealtorParticipantUCGAl is corect. No check should be due until and unless you get written acceptance of your offer by the sellers lender.
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