Friday, May 31, 2013

Advice on short sale process. (we are buyers) - Zillow Real Estate ...

Hi there. ?I feel your pain. ?And like so many buyers who are purchasing a short-sale, unfortunately there is nothing "short" about it. ?I had a foreclosure take 8 MONTHS due to a roof replacement, open pool permit that had to be dealt with, and they claimed prior termite damage that had to be repaired. ?And that wasnt even a SHORT-SALE!! ?It was certainly the longest deal I've ever had! ?But we got it done eventually.

In some cases, the HOA will negotiate a portion of their fees as well as some interest and potentially a portion of attorneys' fees. ?This part is a case by case depending on how much is owed and over what period of time.

Hope that helps somewhat? ?Good luck to you. ?Shayla Twit, Sarasota FL Realtor

Source: http://www.zillow.com/advice-thread/Advice-on-short-sale-process-we-are-buyers/494603/

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