Advise on making offer on short sale

[sdrealtor]

UCGAl is corect. No check should be due until and unless you get written acceptance of your offer by the sellers lender.

[ccutequeen]

Thanks for the reply.

I was browsing online last night and saw some say always give earnest money to show how serious you are, and others just simply don’t mention short sale when talk about earnest money. Was very confused.

So does this mean we can present an offer just a paper offer and pre-approval letter?

Will earnest money sound reasonable if seller accepts the offer or only if bank accepts it?

[ccutequeen]

Thanks for the reply.

I was browsing online last night and saw some say always give earnest money to show how serious you are, and others just simply don’t mention short sale when talk about earnest money. Was very confused.

So does this mean we can present an offer just a paper offer and pre-approval letter?

Will earnest money sound reasonable if seller accepts the offer or only if bank accepts it?

[ccutequeen]

Thanks for the reply.

I was browsing online last night and saw some say always give earnest money to show how serious you are, and others just simply don’t mention short sale when talk about earnest money. Was very confused.

So does this mean we can present an offer just a paper offer and pre-approval letter?

Will earnest money sound reasonable if seller accepts the offer or only if bank accepts it?

[ccutequeen]

Thanks for the reply.

I was browsing online last night and saw some say always give earnest money to show how serious you are, and others just simply don’t mention short sale when talk about earnest money. Was very confused.

So does this mean we can present an offer just a paper offer and pre-approval letter?

Will earnest money sound reasonable if seller accepts the offer or only if bank accepts it?

[ccutequeen]

Thanks for the reply.

I was browsing online last night and saw some say always give earnest money to show how serious you are, and others just simply don’t mention short sale when talk about earnest money. Was very confused.

So does this mean we can present an offer just a paper offer and pre-approval letter?

Will earnest money sound reasonable if seller accepts the offer or only if bank accepts it?

[SD Realtor]

Your agent should be familiar with the SSA (short sale addendum) document. That document shall specify how you want to do things. You can indeed submit a deposit, you can hold the check uncashed. There is NO SET ACTIVITY, by law. You can do it anyway that you want. If you want to convey seriousness by advancing money you can do that. If you are a backup you are a backup no matter how you slice it. The bank doesnt care if you have submitted your deposit to escrow yet or not.

[SD Realtor]

Your agent should be familiar with the SSA (short sale addendum) document. That document shall specify how you want to do things. You can indeed submit a deposit, you can hold the check uncashed. There is NO SET ACTIVITY, by law. You can do it anyway that you want. If you want to convey seriousness by advancing money you can do that. If you are a backup you are a backup no matter how you slice it. The bank doesnt care if you have submitted your deposit to escrow yet or not.

[SD Realtor]

Your agent should be familiar with the SSA (short sale addendum) document. That document shall specify how you want to do things. You can indeed submit a deposit, you can hold the check uncashed. There is NO SET ACTIVITY, by law. You can do it anyway that you want. If you want to convey seriousness by advancing money you can do that. If you are a backup you are a backup no matter how you slice it. The bank doesnt care if you have submitted your deposit to escrow yet or not.

[SD Realtor]

Your agent should be familiar with the SSA (short sale addendum) document. That document shall specify how you want to do things. You can indeed submit a deposit, you can hold the check uncashed. There is NO SET ACTIVITY, by law. You can do it anyway that you want. If you want to convey seriousness by advancing money you can do that. If you are a backup you are a backup no matter how you slice it. The bank doesnt care if you have submitted your deposit to escrow yet or not.

[SD Realtor]

Your agent should be familiar with the SSA (short sale addendum) document. That document shall specify how you want to do things. You can indeed submit a deposit, you can hold the check uncashed. There is NO SET ACTIVITY, by law. You can do it anyway that you want. If you want to convey seriousness by advancing money you can do that. If you are a backup you are a backup no matter how you slice it. The bank doesnt care if you have submitted your deposit to escrow yet or not.

[ccutequeen]

Thanks for the reply.
I checked with my agent, she said she will send copy of the check along with the offer and she will hold the check. Is that the usual practice?

[ccutequeen]

Thanks for the reply.
I checked with my agent, she said she will send copy of the check along with the offer and she will hold the check. Is that the usual practice?

[ccutequeen]

Thanks for the reply.
I checked with my agent, she said she will send copy of the check along with the offer and she will hold the check. Is that the usual practice?

[ccutequeen]

Thanks for the reply.
I checked with my agent, she said she will send copy of the check along with the offer and she will hold the check. Is that the usual practice?

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