Why Banks Reject Short Sale Offers
Unless a property is marketed as “Short Sale Approved”, no one has no way of knowing whether a short sale offer may be accepted, not the buyers agent, not the listing agent, nor the seller. Simply because a listing is advertised as a short sale doesn’t mean the bank has agreed to consider a short sale offer. It means the listing agent and seller hope it will sell as a short sale and hope the bank will accept the offer. Read the rest of this entry
