Just closed on a purchase for a very patient client. She made an offer on a short sale listing over 8 months ago. Finally, the bank accepted and we closed the loan quickly. Patience pays off… the appraisal on her home is $28,000 more than her contract sales price! Gotta love built-in equity out of the gates!
If you or anyone you know has general or specific financing questions on purchasing short sale or foreclosure listings, please feel free to contact me.