Short Sale Negotiation

[Dan Biga]

There is a property in "short sale" status that one of my investors is interested in...when I present the investor's offer to the property owner, they decline the offer...does anyone have any suggestions on how I could get directly to the bank, and present my offer to them to almost force the property owner's hand?

[Scott Hubbard]

Originally posted by Dan Biga:

There is a property in "short sale" status that one of my investors is interested in...when I present the investor's offer to the property owner, they decline the offer...does anyone have any suggestions on how I could get directly to the bank, and present my offer to them to almost force the property owner's hand?

The lender will require the seller to sign the sales contract. no signature = no short sale