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Originally Posted by jean57  Thanks for the response. I am meeting with the broker today and will be asking questions regarding your suggestions. Will be back after that meeting. |
Jean,
I hope you listen to what Cat says, remember, if it sounds too good to be true it probably is.
Just stop and think no one will give anyone for $10,000 free and clear, there is something fishy about it. Don't even meet him or answer his phone call.
You can get a good real estate agent who knows about Short Sale by checking the bbb search and just put the zip code in your area. Call first your lender and ask them their requirements and process about Short Sale.
There's a lot of crooks there who are using the homeowners frustration and confusion into a Cash Machine. Beware, this person is a Scam. The Lenders has their own policies and procedures about Short Sale. First of all, you have to put your house in the market fot at least 60- 90 days, you give authorization to your lender to talk to your agent. You have to have a buyer that makes an offer without which NO LENDER will accept any Short Sale. It took me 2 listings, 7 buyers that backout and 10 months for Countrywide to approve my short sale and another 1 month and 10 days to close the escrow.
So, please, listen to Cat and if your heart says there's something wrong with this guy, follow your heart, there's three of us now that's telling you to be careful, go the other route, don't go this route. May God gives you discernment and the courage to say No and make the right decision.
God bless you and take care.
Faith,
