Short Sales
For a Short Sale Pro,
1. Can you assign a short sale?
2. If you can't assign, can you do a double closing?
3. Regarding repairs for "Presentation Purposes" to the Bank: I work for a Commercial Construction company during the day... (Investor by Night <IMG SRC="images/forum/smilies/icon_cool.gif">
so I can estimate my costs accurately. Can I use a basic spreadsheet to calculate my costs and use in my Short Sale package? or is better to get a quote on Letterhead from a Handyman or Retail Store?? The latter just seems to be a lot of extra work. I am assuming as long as it looks professional.
Please advise.[ Edited by StaceyWyatt on Date 04/02/2003 ]
1) Yes
2) Yes
3) I would gather as much 'third party' information as possible in support of your Summary. Since you can identify a 'scope of repairs' it should be fairly easy to get subs to prepare an estimate.
Are short sales in real estate similar to selling short in the stock market?
If not, please describe?