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Updated about 11 years ago on . Most recent reply

User Stats

242
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44
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Stephanie Dobbs
  • Real Estate Broker
  • Bowie, MD
44
Votes |
242
Posts

Trouble with Short Sale

Stephanie Dobbs
  • Real Estate Broker
  • Bowie, MD
Posted

Hello All, I'm new to real estate investing, but I came across a phenomenal short sale property that I would like to live within. I came up with a lease option strategy and wanted to present the opportunity to the seller/lien holder, but the listing agent is blocking the process. 

Is a lease option the best way to proceed, or is there another way to move forward? 

Just an FYI, the property is in a new development community with great (new) schools surrounding...there is already $96000 in equity in the property. 

Please inform.

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