Everyone once in a while the Short Sale Dietys -- don't get a big head Mike - smile down on us normal folks.
I listed a house only 10 days away from the sheriff's sale and we took it head on. On Friday, we dropped to the "magic" price and had 30 showings and nine offers by Sunday night. Went into contract on Tuesday, signed documents to lender Wednesday, and short-sale approval on Thursday -- contingent upon them being able to contact the Ohio foreclosure attorney to get the sale for FRIDAY postponed.
With such a short-time the preliminary title search came in at the same time as the signed offer. Seller had "inadvertently" forgot to mention a $15,000 tax lien. Whole thing comes to a screeching stop only to have the bank agree to a reduced amount to pay off the seller's tax lien.
We closed 14 days later than expected, but it closed. Just a reminder that occassionally these short sales work out -- and we can all get some smiles for the hard work we put into them.
Keep your head up and fight on!