This is a great town home in Carlsbad that we started the process on March 06, 2009. Our largest challenge with this home is dealing with the multiple offers from buyers wanting to purchase, but not wanting to wait. It is emotionally difficult for today’s buyers to stay loyal for 90 days waiting for approval. And the danger of supporting one particular buyer over the other(s) is that the chosen buyer has a change of heart and decides not to purchase. Once the other buyers were notified an offer had been accepted, they will move on to other options. Measures must be taken to minimize this risk and keep the process moving in a timely manner.
This particular short-sale is looking in excellent shape. We are in constant contact with the bank and expect approval in the next 45 days.
0 comments:
Post a Comment