Apr 14, 2008

The bank does not own the home.

It frustrates me to see some of the offers coming in on homes that are subject to a short sale contingency.

Today an agent, not within our office, attached their own addendum to an offer that stated the offer was subject to the bank signing the offer and the bank agreeing to pay the buyer's closing costs.

The bank does not own the home.


Related Florida real estate views:

Foreclosures for sale: Million dollar houses

Lender says no to deed in lieu

Real estate agents would be wise to pick short sales over long sales.


- Greg Staker Watson Realty Corp. 407-304-0255

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