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Home > Money & Services > Mortgages   »   short sale

 
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Old Sep 18, 2007, 12:33 PM
neva40213
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short sale

when a short sale is not accepted what is the next best option?

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Old Sep 18, 2007, 07:04 PM   #2  
Fr_Chuck
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1. see what offer will be if you can
2. see if buyer will offer more
3. look for new buyer
4. see if they will allow you to carry a personal note for the balance between offer and amount they will accept.

Or of course they want to foreclose, I have been told this week by some loan people that thier lenders are not accepting alot of short sales but going on to foreclosures for some reason
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