Short Sale

Here you'll find a wide range of discussions on old-house topics.

Moderators: oldhouse, TinaB, Don M, Schag

Post Reply
Posts: 35
Joined: Wed Mar 11, 2009 8:11 pm

Short Sale

Post by tonyp »

Just want to hear others experience with this. The realtor encouraged me to low ball which I think may be a mistake. Anyhow I put my bid in. Nearest I can tell the bank will lose about $33000. Ive been looking for a house for 8 years now.

Posts: 399
Joined: Sat Feb 18, 2012 7:24 pm

Re: Short Sale

Post by eclecticcottage »

No, but you know you won't have to worry about insulting a bank emotionally, its purely business to them.
The Cottage Blog:

Current home: 1950's Summer Cottage turned year round home (the Cottage)
-@ 700 sq ft, heated with a wood stove, on the shore of Lake Ontario
Previous home: 1920's Vernacular (the Old House)

Post Reply