I made an offer on a home (short sale) held by MetLife.  I offered the full list price, the seller accepted, and their realtor submitted to MetLife.  What can I do to expedite the bank approving the offer?

Views: 374

Replies to This Discussion

Unfortunately METLIFE is not the friendliest lien holder to deal with.  I have a listing with them and they declined the first offer after 4 months of nothing because the house was vacant.  My seller lost her 4 year old son and then lost her job.  She had no choice but relocate to move in with her parents who lived out of state. I submitted the explanation of why she had to vacate. They still declined the offer.  Now we resubmitted with buyer #2 and $20,000 less than the previous offer.  I'm now waiting to see what happens.  You just have to stay ontop of them to even get the file moved forward.  Good Luck and be patient.
MetLife is probably the worst of the worse in terms of short sales.  Hopefully the property you contracted on won't fall into this same predicament or category.  But, the only thing you can do is stay on top of your Realtor who will stay on top of the seller's Realtor who will stay on top of MetLife.  Good luck!

RSS

Discussion Forum

Sorry State of Affairs with MetLife

Started by L. Marvin Bultena Jan 30, 2013. 0 Replies

Help Neeed ASAP

Started by Chrissy C. Last reply by Olesya Drozdova Oct 26, 2012. 5 Replies

working fax for MetLife Home Loans?

Started by Lisa McCauley. Last reply by L. Marvin Bultena Sep 13, 2012. 1 Reply

Nightmare

Started by Anne Albright. Last reply by Marc Giosa Dec 14, 2011. 6 Replies

© 2019   Created by Mike Linkenauger.   Powered by

Badges  |  Report an Issue  |  Terms of Service