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re: Real Estate Question: Haggling a Foreclosure

Posted on 11/20/14 at 2:56 pm to
Posted by Shenanigans
Spring Hill, TN
Member since Nov 2012
2394 posts
Posted on 11/20/14 at 2:56 pm to
quote:

This happens a lot with short sales, almost customary


I bought my home on a short sale and we went from initial offer through 2 counters to under contract in 24 hours.
Posted by Restomod
Member since Mar 2012
13493 posts
Posted on 11/20/14 at 3:01 pm to
quote:

bought my home on a short sale and we went from initial offer through 2 counters to under contract in 24 hours.



Congrats?

Typically this isn't the case because not only does the seller have too agree, but so does the bank.

This takes time.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35624 posts
Posted on 11/21/14 at 10:30 am to
quote:

I bought my home on a short sale and we went from initial offer through 2 counters to under contract in 24 hours.


Good deal. However, a short sale and a foreclosure sale are two different animals.
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