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Getting out of a Short sale-W/O losing $5k Deposit
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Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53412210 added 09-22-2012 11:21 PM by MikeBear in Archived Deals
Don't tender the check if you don't want to. They won't take you to small claims court. Even if they do, just show up in court, and tell the judge your wife didn't have the right to make the offer....
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53428866 added 09-23-2012 10:53 PM by samurai03 in Archived Deals
You have 17 days as default on the contract to back out for whatever reason. That 17 days is your inspection period for all your paperwork, disclosures, home inspection, etc. You do not need to do...
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53409882 added 09-22-2012 9:25 PM by romodome in Archived Deals
hey guys, my wife put in an offer on a shortsale on a property while I was on a business trip. She called me, since we had been looking with no luck, and I told her that if she wanted, we would do it...
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53410086 added 09-22-2012 9:39 PM by BigBuford in Archived Deals
School is important, if you like the house, go for it. Install the AC and just clean the pool for now and cover it till you have budget to upgrade it. AC, fence are required now, pool is not a must.
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53420964 added 09-23-2012 2:57 PM by daniel32 in Archived Deals
if they have multiple offers, all they have to do is accept another one. Done. Your agent is probably worried about his commission.
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53429554 added 09-23-2012 11:35 PM by Brian1 in Archived Deals
This is the only advice I'd listen to in this thread.
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53412518 added 09-23-2012 12:01 AM by chaozz in Archived Deals
short sales can take a long time to close,seller will take any offer they could care less they will never see a dime.what terms does escrow have for it to close? 60 days? if house had that many...
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53414914 added 09-23-2012 6:43 AM by dealgate in Archived Deals
What is with the inspection if you do not have an inspection clause? I am not sure about wacky CA but I have never heard of a state where the inspection is required. If you made a no-contingency...
Getting out of a Short sale-W/O losing $5k Deposit
Expired
Thread created 09-22-2012 by romodome
0 Score 8 Replies 1,541 Views
Post #53415526 added 09-23-2012 7:43 AM by mikesteg in Archived Deals
I thought with a short sale/forclosure, it is "as is" in that the the bank typical will not fix anything. That doesn't necessarily mean you can't walk on the basis on an inspection, but the agent...

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