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Mark Elkins
  • Schaumburg, IL
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Short Sale with Truman Capital

Mark Elkins
  • Schaumburg, IL
Posted Aug 19 2019, 20:04

Has anybody got any experience buying a short sale from Truman Capital?  I just spoke to a rep at Fay who says Truman doesn't do them.  He was specifically talking about short sales after there was a sale date set.  He also said that 60 days is too short despite their asking for paperwork 37 days prior.  He expressed an opinion that Truman would rather take the property back and keep it in inventory until they could sell it for a good price.  What can you tell me?

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