Short Sales
What is the normal timeline from the time
you have a verbal agreement with the
owner does it take to do a short sale?
And is it necessary to have an agent? 
What is the normal timeline from the time
you have a verbal agreement with the
owner does it take to do a short sale?
And is it necessary to have an agent?
When I accept a short sale listing, I advise prospective purchasers that upon receipt of a signed contract to purchase and their prequal letter (essential elements of any short sale proposal), they should expect Sellers' mortgagee approval/rejection within 45 to 90 days... or more.
Mortgagees are more and more requiring broker participation in the form of a listing agreement, and evidence that the property was exposed to market and unable to sell at it's listed price.
If you need the services of a broker to assist in the short sale listing process, anywhere in the USA, let me know.
It takes us 4-6 weeks to finalize a short sale. If you work directly with the mortgage company, I can send you some tools to use to get them to accept the lowest price. I can also let you know how to stall the foreclosure process long enough to get the deal done.
I would like some of your info you have on short sales if that offer is still available.
Always looking for new ways to Short sale
Thankyou
45 days to 90 sounds more realistic that 4-6 weeks. That's optimistic in my expereince.
Passingthru : Can you send me the info on short sales as well. I am interested.
Thx
QM