6/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 6- Will the seller consider signing a promissory note if asked to by the lender(s)?

Does the seller want to preserve some of their credit? Are they able and.."

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5/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 5- What is the total amount owed on all of the loans?

Getting this question answered will help you determine.."

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4/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 4- Who are the banks that are involved?

You always want to know who..."

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3/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 3- How many liens are on the property?

This is a biggie. The more liens..."

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1/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 1- Are there any offers on the property?

This one is obvious to..."

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2/10 Questions to ask about a short sale

"Today I am breaking down the 10 questions you should ask before putting an offer on a short sale. It’s worth knowing why you want answers to these rather than just asking because you think you should. Some of the reasons may surprise you.

Question number 2- If there is an offer already, can I still submit my offer?

Good to know ahead of..."

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Buying a short sale? Read this first

"The answer is patience, plain and simple. If you want a deal you have to wait for it. Please keep this in mind it will go along way to keeping you sane during the process. There are so many moving parts to a short sale that it makes things move slower than in other transactions. This doesn’t mean that you as a buyer can’t position yourself to cut out many of the unknowns before you make an offer. Making sure you have a check list as a buyer of specific questions that you get answers to before you write an offer will go a long way to helping you manage your expectations. The more you know going in the better off you will be. Starting with...."

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