"OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES"

By
Real Estate Agent with Right Choice Realty - Cape Coral & Fort Myers, FL SL3150658

I recently blogged about a short sale I have listed where we had a very strong offer and the bank told me "OUR BANK POLICY IS TO NOT ACCEPT SHORT SALES".

UPDATE:  The bank was Tier One - I was told last week they have been shut down by the government - anything anyone knows on this would be greatly appreciated!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the graph to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Groups:
Realtors®
Short Sale REALTORS®
Tags:
tier one
short sales

Comments 1 New Comment

Show All Comments
Rainmaker
315,140
Dave Halpern
Louisville Short Sale Expert
Keller Williams Realty Louisville East (502) 664-7827

We have some local banks in our city with the same policy. They take the houses to foreclosure and lose more. Not sure what their logic is.

August 18, 2010 09:29 AM
Show All Comments
Rainmaker
307,338

Terry McCarley

REALTOR, SRES, CDPE - Cape Coral, FL
Have Questions About Cape Coral? Just Ask Me!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase: