Skip to content
Foreclosures

User Stats

28
Posts
5
Votes
Yosef Fares
  • Investor
  • Fresno, CA
5
Votes |
28
Posts

Best way to purchase a Short Sale listing

Yosef Fares
  • Investor
  • Fresno, CA
Posted Jul 8 2015, 10:08

Hey guys this will be my first short sale offer and the listing price is 70,000 I offered 65,000 all cash. The numbers work out to make a good profit on a flip but the house has only been listed for 3 days. My dad who is a Real Estate agent says short sales are a headache and can take a long time to go through. He has had some that have taken 3 months and some that have taken a year. So what do I do I really want this property?? are there any expert tips on how to get it quicker or ensure I'm being considered for the property. Is $65,000 to low of a bid?? Or should I throw my hat in the mix and move on to the next property and if it comes through it comes through. There are a lot of short sales right now in my area

Loading replies...