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Buying a short sale property

Posted on: 25th Jul, 2013 01:08 am
We realize that buying a short sale property can turn out to be a lengthy process. We placed our offer around a month ago. Now the seller's lender is asking for all kind of proof and documents. Do we consider this as a proof that the lender is accepting our offer?
Hi Polltroll,

It is a good sign that the lender has asked for documentation. It means that they are interested in your proposal. But that is not all. They will work in their own pace and the deal may take long time to complete.

Take care
Posted on: 25th Jul, 2013 02:11 am
Welcome Polltroll,

Yes it's a good sign but as Sara has said that it is not the end of the game. The deal can get cancelled at the last moment. So, you should keep in touch with the lender and sort out the matter ASAP.
Posted on: 25th Jul, 2013 09:02 pm
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