- This topic has 20 replies, 5 voices, and was last updated 16 years, 7 months ago by Deal Hunter.
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April 3, 2008 at 7:29 PM #180899April 3, 2008 at 11:17 PM #180674Deal HunterParticipant
3 loans on a property like that is not uncommon. SD Realtor is right, check the title report first to see if the new owner really was the 3rd junior lien.
Nevertheless, I would not offer more. I’d wait a couple of weeks and offer less. Then if they counter just thank them for a good time and walk away. Then come back a couple of weeks later with an even lower offer.
A properly done short sale would have wiped out the 2nd and 3rd and given you $.cents on the dollar off the 1st.
April 3, 2008 at 11:17 PM #180968Deal HunterParticipant3 loans on a property like that is not uncommon. SD Realtor is right, check the title report first to see if the new owner really was the 3rd junior lien.
Nevertheless, I would not offer more. I’d wait a couple of weeks and offer less. Then if they counter just thank them for a good time and walk away. Then come back a couple of weeks later with an even lower offer.
A properly done short sale would have wiped out the 2nd and 3rd and given you $.cents on the dollar off the 1st.
April 3, 2008 at 11:17 PM #180970Deal HunterParticipant3 loans on a property like that is not uncommon. SD Realtor is right, check the title report first to see if the new owner really was the 3rd junior lien.
Nevertheless, I would not offer more. I’d wait a couple of weeks and offer less. Then if they counter just thank them for a good time and walk away. Then come back a couple of weeks later with an even lower offer.
A properly done short sale would have wiped out the 2nd and 3rd and given you $.cents on the dollar off the 1st.
April 3, 2008 at 11:17 PM #181001Deal HunterParticipant3 loans on a property like that is not uncommon. SD Realtor is right, check the title report first to see if the new owner really was the 3rd junior lien.
Nevertheless, I would not offer more. I’d wait a couple of weeks and offer less. Then if they counter just thank them for a good time and walk away. Then come back a couple of weeks later with an even lower offer.
A properly done short sale would have wiped out the 2nd and 3rd and given you $.cents on the dollar off the 1st.
April 3, 2008 at 11:17 PM #181003Deal HunterParticipant3 loans on a property like that is not uncommon. SD Realtor is right, check the title report first to see if the new owner really was the 3rd junior lien.
Nevertheless, I would not offer more. I’d wait a couple of weeks and offer less. Then if they counter just thank them for a good time and walk away. Then come back a couple of weeks later with an even lower offer.
A properly done short sale would have wiped out the 2nd and 3rd and given you $.cents on the dollar off the 1st.
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