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宁静好能说啊

宁静好能说啊# TVChinese - 中文电视

w*j2015-06-27 07:06

1 楼

中西部地区，上周五给了一个short sale的offer,开始不知道，后来从county网站上查
到已经在4月初sheriff sale了，共有两个liens，同一家银行。
我不熟悉short sale或者sheriff sale，请教各位，sheriff sale的数是不是就是银行
能接受的最低限？我给的offer应该足够高，即使加上agent的commission和closing
cost。比list pirce低大概6%。在这种情况下的short sale和其他的情况有什么不同？
银行批准的概率大吗？

h*d2015-06-27 07:06

2 楼

u*62015-06-27 07:06

3 楼

sheriff sale一般在short sale不成功之后进行。你这个情况，可能是卖家已经获得银
行的延期。至于价格，似乎两者之间联系不大。

w*j2015-06-27 07:06

4 楼

多谢，那sheriff sale的目的是什么呢？我的理解是bank能接受的免除owner债务的最
低值。

【在 u******6 的大作中提到】

: sheriff sale一般在short sale不成功之后进行。你这个情况，可能是卖家已经获得银
: 行的延期。至于价格，似乎两者之间联系不大。

m*y2015-06-27 07:06

5 楼

It's just an auction, which usually indicates it's already foreclosed.
Be careful and do buy a title insurance in this case.

【在 w**j 的大作中提到】

: 多谢，那sheriff sale的目的是什么呢？我的理解是bank能接受的免除owner债务的最
: 低值。

s*g2015-06-27 07:06

6 楼

do you mean to buy an insurance for auction? do you know how long does it
take from auction to on the market as REO?
Thanks.

w*j2015-06-27 07:06

7 楼

Thanks for reminder, my dual agent recommend this title insurance provided
by bank.
Ok, in this case, does it still a short sale case? Typically how long bank
can approve?

【在 m***y 的大作中提到】

: It's just an auction, which usually indicates it's already foreclosed.
: Be careful and do buy a title insurance in this case.

u*62015-06-27 07:06

8 楼

If it is a sheriff's auction. You will have to bid for it online or at a
designated place. In your case, I think it is a short sale.
and for your information, I saw a house its suggested price for sheriff's
auction is way higher than its current listing price for short sale.
How likely the bank is going to approve it depends on a lot of factors. No
one would be able to tell you based on the limited info. you provided.
The average time for a short sale to close is four months.
Now, could you scor

w*j2015-06-27 07:06

9 楼

Thanks I have voted your avatar.
The house I am offering has done auction in Sheriff sale, it is much less
than listing price. And bid winner is and can only be owner's bank. My offer
is 13% higher than sheriff sale's price.

【在 u******6 的大作中提到】

: If it is a sheriff's auction. You will have to bid for it online or at a
: designated place. In your case, I think it is a short sale.
: and for your information, I saw a house its suggested price for sheriff's
: auction is way higher than its current listing price for short sale.
: How likely the bank is going to approve it depends on a lot of factors. No
: one would be able to tell you based on the limited info. you provided.
: The average time for a short sale to close is four months.
: Now, could you scor

u*62015-06-27 07:06

10 楼

Thanks for voting! are you sure this is a short sale? you need to ask your
agent.It looks like a foreclosure to me since the bank owns the property. To
be more exact, the first lien holder owns the property. The second lien
holder is wiped out. If it is a foreclosure, it should be very quick. You
don't need to wait for long. With no competition, you should have a good
chance of getting it when you offer slightly less than listing price.
My suggestion, first step: ask you agent whether this is a

w*j2015-06-27 07:06

11 楼

Technically this is short sale within 6 months redemption period. Bank does
not own property yet, owner still need to sign PA which he already did on my
offer.
There is a short sale addendum in my whole document package submitting to
owner's lending bank. I am using list agent as double agent.

To

【在 u******6 的大作中提到】

: Thanks for voting! are you sure this is a short sale? you need to ask your
: agent.It looks like a foreclosure to me since the bank owns the property. To
: be more exact, the first lien holder owns the property. The second lien
: holder is wiped out. If it is a foreclosure, it should be very quick. You
: don't need to wait for long. With no competition, you should have a good
: chance of getting it when you offer slightly less than listing price.
: My suggestion, first step: ask you agent whether this is a

u*62015-06-27 07:06

12 楼

Ic. the bank does its own BPO. I don't really see a connection between the
price at the sheriff auction and the price the bank will take. The bank can
usually take a 5-20% lost, meaning 5-20% less than the current market value.
If your offer is within that range, you would have a good chance.

w*j2015-06-27 07:06

13 楼

Yeah, I am offering about 7% less than listing price. Not sure how to check
market value, county's property tax is not a reference.
This is all depends on bank, hope they can approve quick.
BTW, What is BPO?

can
value.

【在 u******6 的大作中提到】

: Ic. the bank does its own BPO. I don't really see a connection between the
: price at the sheriff auction and the price the bank will take. The bank can
: usually take a 5-20% lost, meaning 5-20% less than the current market value.
: If your offer is within that range, you would have a good chance.