"I found Midland pretty good to work with. My client had a 1st (Midland) owed 160,000. had a 2nd (Comerica) of 50,000. Had an offer of 45,000. (Times are hard in Metro Detroit!) Midland wanted to take the deal but would only allow 3,000 to the…"
"I am normally happy to accept 3% for negotiating a short sale, but here in the Detroit area, some areas have homes that are selling for less than half of what I paid for my car. I have a friend that called me yesterday and wants me to short sale a…"
"I'm so sorry. That has happened to me on more than one occassion. I actually JUST CLOSED a BOA file that we had to relist HIGHER. We then got a LOWER offer than the first one we originally submitted.
It makes no…"
Heres the history:Listed house at 129,000 in October, 2010.Reduced by 10,000 every 10 days until priced at 69,000Received an offer of 50,000.House has some serious deficiencies, so 50k is about in line w/value. (slightly low)EMC counters at 59k, buyer declines. Get new offer - just slightly under their previous counter.It looks like everything is going smoothly until EMC wants one last BPO.BPO Agent prices it at 105,000. WHAT?!?@#$@#$!??Are they crazy??????The…See More
"Every Agent seems to handle their short sales differently. I always ask up front what their policy is on back up offers. When writing an offer on a short sale, I will sometimes write right in the contract that any other offers that are presented…"
Do you have any experience in Commercial Real Estate? If so, do you have the CCIM or any commercial designations? How many commercial transactions and dollar volume have you CLOSED?
no real commercial experience
About Me/Profile of yourself: - Please add your Brokerage Company name also!
Keller Williams Realty
Put in todays date! This is to help stop spammers!
September 10, 2010
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