US Bank

Anybody ever done a short sale with these guys? How were they to deal with?

Comments(2)

  • TheShortSalePro21st July, 2006

    "Can you flip right away in a double closing?"

    Sure, but the lender will be trying to recover as much as possible... competing for every available dollar so for there to be a reasonable margin of profit for you to flip quick, you must negotiate a shrewd deal or be prepared to hold, make repairs, and resell at retail.

  • rb1976chi26th July, 2006

    Lots and lots...

    Just consider me a sponge for right now, absorbing the information.

    I did mean the foreclosing lender though, when I asked if they require that the purchaser (me) hold the property for any period of time.

    When I read your response I guess I realized it was kind of a silly question... Just trying to cover all of my bases

Add Comment

Login To Comment