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Updated about 8 years ago on . Most recent reply

User Stats

62
Posts
7
Votes
Ryan Santos
  • Lender
  • Seattle, WA
7
Votes |
62
Posts

Should I do this short sale deal, and how?

Ryan Santos
  • Lender
  • Seattle, WA
Posted

I thought that this would be a wholesale potential but I just found out that they are about to Shortsale the home. Home is in need of repair from what they told me, but I'm not really sure yet of how much work is needed. I know short sale can take sometime because I would need the bank to approve my offer also and their agent (niece) is willing to show me the home before it goes on market and they are open to working on deal.

Should I pursue this deal and what would be a good strategy for this? (might be a good flip) 

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