Wildomar Short Sale Offer Submission
What to expect when you submit an offer to Wildomar short sale agent Odalys Simon.
All offers are presented to the seller upon receipt. If the seller likes your offer, it will be accepted. We accept and submit only one offer to the bank at a time. Status is changed to either Pending Short Lender Approval or Active Short Contingent. We do accept back-up offers.
The seller is looking for a committed and qualified buyer who will wait for short sale approval and offer a price the bank will accept.
The seller might ask the buyer’s agent to promise that the agent will not write any more offers for a buyer after the seller accepts the buyer’s offer.
The seller might give the buyer’s agent an opportunity to either redraw the contract or to wait for a counter offer if the contract does not meet standard bank or investor expectations.
Please feel free to call me if you have any questions
Odalys Simon, Realtor
Gold Star Real Estate
*Certified HAFA Specialist
*Short Sales & Foreclosure Resource Certified