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Updated over 12 years ago on . Most recent reply

User Stats

122
Posts
33
Votes
Chris Haas
  • Investor
  • Reading, PA
33
Votes |
122
Posts

Short Sale Information sharing from listing realtor

Chris Haas
  • Investor
  • Reading, PA
Posted

I found a property I am interested in and it's noted as a short sale. It is discounted quite a bit from surrounding properties. My question is, can I expect answers from the listing realtor to questions that will likely influence how quickly the transaction could be completed? Is their a 1st and 2nd lien and are they 2 different parties? If the bank already has 1 or more BPO's and if so what they are?

Again brand new here just trying to get my feet wet. I've read some of the forums but my questions seems a bit more specific. Thanks in advance.

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