Loans, Debt & Credit - View Single Post - Help with potential for GMAC single-lien short sale

HopingtoFind · 11-02-2009, 10:28 AM

I hope your flat-fee broker knows what they are doing and is experienced with short sales. In order to sell a house quickly in this market and for the buyer to deal with short sale situation it has to be priced very agressively. 5% just doesn't sounds like much of a reduction.

11-02-2009, 10:28 AM	#4 (permalink)
HopingtoFind Senior Member Join Date: Oct 2008 Location: Bay Area, CA Posts: 1,270 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Help with potential for GMAC single-lien short sale I hope your flat-fee broker knows what they are doing and is experienced with short sales. In order to sell a house quickly in this market and for the buyer to deal with short sale situation it has to be priced very agressively. 5% just doesn't sounds like much of a reduction.