All Forum Posts by: Sherry O.
Sherry O. has started 2 posts and replied 11 times.
Post: Failed 1st Attempt on Short Sale

Sherry O.Posted
- Saint Paul, MN
- Posts 11
- Votes 3
After listening to a ton of BP podcasts the last few months, I made my first offer on a short sale. Got rejected by the bank within a week, resubmitted offer at 10K higher, thinking this will increase my chance, but got into a multiple-offer situation, lost bid, and feeling a bit disheartened. The upside is I didn't waste too much time on this deal, and I got to experience the competitiveness of the current market. If anyone on the forum want to network or have any suggestions for how to get started in the twin cities area, would love to hear from you.