Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Realtor CommunityOne of the most popular online real estate communities consistently since 1998!


Virtual Homestaging at PadStyler.com


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtors Directory

Facebook
Sponsored Links
Page 2 of 2 < 1 2
Topic Options
Rate This Topic
#424109 - 05/22/13 01:02 PM Re: Neither the listing agent or the seller knows about this? C'mon!! [Re: Mapper]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7455
Loc: Vermont's North-East Kingdom
You just now mentioned VA (Veterans Administration) . . . . but I thought you were planning on using an FHA Loan Guarantee.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
Advertisements
#424370 - 05/28/13 08:17 PM Re: Neither the listing agent or the seller knows about this? C'mon!! [Re: Artiste]
12 step 4 BPOs? Offline
Veteran Member

Registered: 06/28/10
Posts: 1284
Loc: Land of Tree Huggers
Originally Posted By: Artiste
The seller is the bank -- the guy living in the house has no authority to accept your offer and close the deal.


This was a short sale...so this is not accurate.

Top
#424463 - 05/30/13 12:59 PM Re: Neither the listing agent or the seller knows about this? C'mon!! [Re: Mapper]
BpoBill Offline
Major Contributor

Registered: 09/24/06
Posts: 2297
Loc: US
Originally Posted By: Mapper
But if we would have waited until the lender approved this, we might have been waiting 2 months to do an inspection and the whole while not looking at anything else and then get screwed over and be 2 months closer to our lease ending and not having anywhere to live. We were only out $100 and I'd rather do that than wait for lender approval only to end up terminating the contract due to major problems.


The bottom line is you're lucky it was only a $100 loss. Around here I would not let my buyers do an inspection without lender approval first. The buyers can back out of a deal for any reason on a short sale, including a better house coming on the market. Short sales come with risk, and you need to figure out if you want to take on the risk or not.

I just noticed all of these threads you started. Maybe you should find a new agent if you are not getting answers to all of your questions? You are asking agents who do not represent you for legal advice. Go find yourself a bank owned house or a normal retail property and forget about short sales. There will be much less stress on everyone.


Edited by BpoBill (05/30/13 01:04 PM)

Top
#426528 - 07/30/13 04:35 PM Re: Neither the listing agent or the seller knows about this? C'mon!! [Re: Artiste]
Captain Mortgage Offline
Member

Registered: 08/30/11
Posts: 169
Loc: Upland, CA
Originally Posted By: Artiste

Shotgun offers on every potential home you want and wait for the LENDER approval. THEN inspect and decide which home is best.


Please tell me that this is a joke, and you aren't suggesting this as something for buyers/agents to do.

Top
Page 2 of 2 < 1 2






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
Bytes, bpoexpert, catador4255, Daini Marry, Cece
29080 Registered Users
Who's Online
0 registered (), 220 Guests and 4 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 31
Jhony 29
Daniel1234 24
rdayley 16
C21Mr.May 15
David Hunter 15
Z06Fanatic 14
JohnN 11
JMK307 10
Square 9
sualk54 9
Trouble 9
PadStyler 8
excellhomes 7
allpropinvestmen 7
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 26011903
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 26008882
No new orders today 12690098
Stupid MLS comments. 3117048
What do you know about Froy Candelario, top agent in USA 1109732
Stupid QC comments and BPO requirements. 999264
New HUD Listing Brokers---Any Update? 974259
Is there religious content in Buffini class? 767359
Let's talk about our cars 624686
Name that Flick. Great movie Lines. 560351
Pay it Forward - BPO/REO Tips & Tricks I & II 555798
Most common items found at an REO 536929
EML 459230
REOTRANS 408576
asset val seminar in colorado 381159
Main Street 370622
assist 2 sell or 1 percent realty? 308180
Evalonline 300066
Land America 285049
HOMONYMS - There, Their, and They're 285042
Agent Directory

real estate agents

Featured Member
Registered: 01/14/12
Posts: 41

How To Advertise Here


This site presented by RNC Internet Services