Updated over 13 years ago on . Most recent reply
Reluctant sellers on a SS property
I am an investor and recently a property caught my eye.
A similar property in the same community I really like was available some time back but I walked away from that deal due title issues and mold issues.
This one is a bigger unit, an end unit, and at a lower listing price. I know, I know, short sale listing price means nothing.
I have asked my realtor to see that ASAP.
After two days of back and forth I still can't see the property.
The listing agent has informed my agent, that the seller is not cooperating, they were forced into a short sale situation and are in denial. So they "can't be home", "don't have extra keys", "need to clean house before showing", and dozens of other excuses. The listing agent has warned us this is going to be a "DIFFICULT" situation.
Any suggestions? As a buyer what should I do to get my foot in the door?
I am flexible on closing date, will be paying all cash, no contingency except for an inspection, and open to renting it back to them...should I convey that to them or this is showing too much eagerness and may cost me leverage in downstream negotiations?
Most Popular Reply
Sam, I would run! A non-compliant short sale seller will probably never make it to the closing table and waste your time and effort... just wait for it to get to the court house steps. That's my 2 cents anyhow!