Home › Forums › Closed Forums › Buying and Selling RE › Question about Submitting Short Sale Offers to the Bank
- This topic has 80 replies, 9 voices, and was last updated 14 years, 11 months ago by
SD Realtor.
-
AuthorPosts
-
June 17, 2009 at 12:34 PM #417527June 17, 2009 at 2:25 PM #416840
XBoxBoy
Participant[quote=engineer in sd]I’m the first offer on another short sale that I’m not really sure I want to purchase due to location.
[/quote]I think you just answered your own question….
[quote=engineer in sd]I was thinking that the price of anarchy would be high if I ended up with neither but I think you bring up a good point in that the price of anarchy may not be so high even if I get neither of them.[/quote]
Anarchy can be good.
June 17, 2009 at 2:25 PM #417077Participant[quote=engineer in sd]I’m the first offer on another short sale that I’m not really sure I want to purchase due to location.
[/quote]I think you just answered your own question….
[quote=engineer in sd]I was thinking that the price of anarchy would be high if I ended up with neither but I think you bring up a good point in that the price of anarchy may not be so high even if I get neither of them.[/quote]
Anarchy can be good.
June 17, 2009 at 2:25 PM #417339Participant[quote=engineer in sd]I’m the first offer on another short sale that I’m not really sure I want to purchase due to location.
[/quote]I think you just answered your own question….
[quote=engineer in sd]I was thinking that the price of anarchy would be high if I ended up with neither but I think you bring up a good point in that the price of anarchy may not be so high even if I get neither of them.[/quote]
Anarchy can be good.
June 17, 2009 at 2:25 PM #417406Participant[quote=engineer in sd]I’m the first offer on another short sale that I’m not really sure I want to purchase due to location.
[/quote]I think you just answered your own question….
[quote=engineer in sd]I was thinking that the price of anarchy would be high if I ended up with neither but I think you bring up a good point in that the price of anarchy may not be so high even if I get neither of them.[/quote]
Anarchy can be good.
June 17, 2009 at 2:25 PM #417567Participant[quote=engineer in sd]I’m the first offer on another short sale that I’m not really sure I want to purchase due to location.
[/quote]I think you just answered your own question….
[quote=engineer in sd]I was thinking that the price of anarchy would be high if I ended up with neither but I think you bring up a good point in that the price of anarchy may not be so high even if I get neither of them.[/quote]
Anarchy can be good.
June 17, 2009 at 4:29 PM #416921gn
Participant[quote=urbanrealtor]In my experience, the primary benefit in all cash is the sureness of closing. That is less of a component in short sales.
In short I find it to be of very little advantage.[/quote]
Urbanrealtor, in a normal sale (i.e. not a short), how big of an advantage is an all-cash offer ?
June 17, 2009 at 4:29 PM #417157Participant[quote=urbanrealtor]In my experience, the primary benefit in all cash is the sureness of closing. That is less of a component in short sales.
In short I find it to be of very little advantage.[/quote]
Urbanrealtor, in a normal sale (i.e. not a short), how big of an advantage is an all-cash offer ?
June 17, 2009 at 4:29 PM #417420Participant[quote=urbanrealtor]In my experience, the primary benefit in all cash is the sureness of closing. That is less of a component in short sales.
In short I find it to be of very little advantage.[/quote]
Urbanrealtor, in a normal sale (i.e. not a short), how big of an advantage is an all-cash offer ?
June 17, 2009 at 4:29 PM #417486Participant[quote=urbanrealtor]In my experience, the primary benefit in all cash is the sureness of closing. That is less of a component in short sales.
In short I find it to be of very little advantage.[/quote]
Urbanrealtor, in a normal sale (i.e. not a short), how big of an advantage is an all-cash offer ?
June 17, 2009 at 4:29 PM #417647Participant[quote=urbanrealtor]In my experience, the primary benefit in all cash is the sureness of closing. That is less of a component in short sales.
In short I find it to be of very little advantage.[/quote]
Urbanrealtor, in a normal sale (i.e. not a short), how big of an advantage is an all-cash offer ?
June 17, 2009 at 4:33 PM #416926Participant[quote=SD Realtor]However in one particular case the offer was all cash with no contingencies and a 7 day close. It snaked the top offer and we were in second position so we got snaked as well. [/quote]
SD Realtor, does this mean that an all-cash offer with a short close (i.e. less than 10 days) is A LOT more advantageous than an all-cash offer with 30 days close ?
June 17, 2009 at 4:33 PM #417162Participant[quote=SD Realtor]However in one particular case the offer was all cash with no contingencies and a 7 day close. It snaked the top offer and we were in second position so we got snaked as well. [/quote]
SD Realtor, does this mean that an all-cash offer with a short close (i.e. less than 10 days) is A LOT more advantageous than an all-cash offer with 30 days close ?
June 17, 2009 at 4:33 PM #417425Participant[quote=SD Realtor]However in one particular case the offer was all cash with no contingencies and a 7 day close. It snaked the top offer and we were in second position so we got snaked as well. [/quote]
SD Realtor, does this mean that an all-cash offer with a short close (i.e. less than 10 days) is A LOT more advantageous than an all-cash offer with 30 days close ?
June 17, 2009 at 4:33 PM #417490Participant[quote=SD Realtor]However in one particular case the offer was all cash with no contingencies and a 7 day close. It snaked the top offer and we were in second position so we got snaked as well. [/quote]
SD Realtor, does this mean that an all-cash offer with a short close (i.e. less than 10 days) is A LOT more advantageous than an all-cash offer with 30 days close ?
-
AuthorPosts
- The forum ‘Buying and Selling RE’ is closed to new topics and replies.