Recently we SOLD a home In Porter County, IN that we listed subject to lenders approval of a short sale.
There were back up offers on the property.
The Buyers with the 1st offer submitted were savvy enough to do ALL of their due diligence according to the contract terms and conditions mutually agreed upon BEFORE the short sale was approved.
Short sales are bittersweet.
We have become much more select at which sellers we will work with to list an Indiana short sale property and which buyers we will work with to show a Northwest Indiana short sale property.
Extensive interviewing goes into the decision process so we have the best chances of getting deals done!
Uncooperative sellers or fickle buyers only make for experiences which will be passed along to friends and relatives who become "experts" in their own mind, because of "stories" they have heard :)
Hasty and sweeping generalizations about short sales are, by definition, illogical.
We glady accept back-up offers on our Short sale listings -> Sale pending does not mean SOLD.
If you are considering buying a short sale, give us a call to discuss at lenght the risks of this non traditional type of Real estae transaction. Some Short sale Buyers are Missing the Boat so to speak. Or, if you are behind on your mortgage payments give us a call to see if selling your home with your lenders approval of a short sale is an option to consider?
SFR certified and have closed short sale listings in NW IndianaHAFA or not, EQUATOR system or not.
Here are some Northwest Indiana Short sale properties we have SOLD as well as some of our insights to working to get short sale deals done:
please click on the link to read the story behind each of these successes.
http://activerain.com/blogsview/239193/Short-Sale-Tips-that-Helped-Us
http://activerain.com/blogsview/588362/13-weeks-to-Complete
http://activerain.com/blogsview/475656/Valparaiso-IN-Opportunity-Knock
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