the offer price of two or three months ago is now higher than selling prices in the same development.
Do you think banks will ever learn that when they drag their feet they lose money?
I guess the more appropriate question is...do banks care if that short sale offer goes through to closing?
In a declining market prices decline....don't tell the banks!
They still think Washington will provide a golden egg!
If the bank has not accepted your short sale offer, you
can always walk! As a short sale buyer you are not on the hook...the bank is!
If you are interested in a short sale in the Viera, Rockledge and Suntree area of Brevard County, Florida, call me.
Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community, a golf course community or water front, give me a call!
Read my blog Observations of a Viera Florida Realtor.