Aug. 19th, 2012

trickykitty: (Default)
The house I'm putting the offer in on is a short sale, meaning the bank has approved for the owners to try to sell it for less than what is due on the mortgage in order to avoid foreclosure. It also means my offer has to be approved by the owners, then it gets sent over to the bank and they also have to approve it. I could get an almost immediate response from the owners, but it takes on average 3-4 weeks to hear back from the bank on a short sale, because they are so inundated with work.

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