Short Sales

For a Short Sale Pro,

1. Can you assign a short sale?

2. If you can't assign, can you do a double closing?

3. Regarding repairs for "Presentation Purposes" to the Bank: I work for a Commercial Construction company during the day... (Investor by Night <IMG SRC="images/forum/smilies/icon_cool.gif">wink so I can estimate my costs accurately. Can I use a basic spreadsheet to calculate my costs and use in my Short Sale package? or is better to get a quote on Letterhead from a Handyman or Retail Store?? The latter just seems to be a lot of extra work. I am assuming as long as it looks professional.

Please advise.[ Edited by StaceyWyatt on Date 04/02/2003 ]

Comments(2)

  • TheShortSalePro3rd April, 2003

    1) Yes
    2) Yes
    3) I would gather as much 'third party' information as possible in support of your Summary. Since you can identify a 'scope of repairs' it should be fairly easy to get subs to prepare an estimate.

  • 11th June, 2003

    Are short sales in real estate similar to selling short in the stock market?

    If not, please describe?

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