Comments on: Ask Your Real Estate Question http://sacramentorealestatevoice.com/2008/03/12/ask-your-real-estate-question-2/ Home buying, home selling tips, neighborhood videos, Instant Foreclosure access, Instant MLS search homes for sale,market stats, Sun, 23 Nov 2008 00:39:56 +0000 http://wordpress.org/?v=2.6.1 By: Gena Riede http://sacramentorealestatevoice.com/2008/03/12/ask-your-real-estate-question-2/#comment-15944 Gena Riede Fri, 13 Jun 2008 04:29:30 +0000 http://sacramentorealestatevoice.com/2008/03/12/ask-your-real-estate-question-2/#comment-15944 Bella, Most short sales are not even being accepted. Based on what you said above, it doesn't sound as though the bank has accepted your offer yet. I assume that you are in the disclosure time line where you are paying for your inspections. I hope you are being represented by a professional Realtor. You want to make sure that the Realtor has provided you with a detailed market analysis of the property. You will need to counsel with your Realtor and see how the value of the property adds up to your offer. Without being privy to all of the information, I can only counsel you to talk to your Realtor for advice. I wish you the best. Bella,
Most short sales are not even being accepted. Based on what you said above, it doesn’t sound as though the bank has accepted your offer yet. I assume that you are in the disclosure time line where you are paying for your inspections.

I hope you are being represented by a professional Realtor. You want to make sure that the Realtor has provided you with a detailed market analysis of the property.

You will need to counsel with your Realtor and see how the value of the property adds up to your offer.

Without being privy to all of the information, I can only counsel you to talk to your Realtor for advice.

I wish you the best.

]]> By: Bella http://sacramentorealestatevoice.com/2008/03/12/ask-your-real-estate-question-2/#comment-15900 Bella Fri, 06 Jun 2008 17:50:34 +0000 http://sacramentorealestatevoice.com/2008/03/12/ask-your-real-estate-question-2/#comment-15900 I have a offer in on a short sale. Have been waiting for over a month. Dont know if its time to walk away. We offered 252000, home owner owes 263000. We already had an expection done the septic failed and needs 16000 to repayer. The new offer going to short sale is we now may 263000 to the bank, bank has septic repaired 16000 at close the septic guy will get payed. Will the bank accept this or do you think we should walk away, we really love the house and havent seen another to compare. I have a offer in on a short sale. Have been waiting for over a month. Dont know if its time to walk away. We offered 252000, home owner owes 263000. We already had an expection done the septic failed and needs 16000 to repayer. The new offer going to short sale is we now may 263000 to the bank, bank has septic repaired 16000 at close the septic guy will get payed. Will the bank accept this or do you think we should walk away, we really love the house and havent seen another to compare.

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