Need A Little Help

kenlock profile photo

I am working on a short sale (my first) and I have an elementary question.....here is what they have requested that I do not already have....

-copy of the signed purchase offer/sales contract
-comparative market analysis
-estimate of net proceeds

what do i put on a purchase/sales contract in terms of price.......
if i get my re agent to do a cma she will want to sell the property and i don't want her to.....i want to keep all the profit.....selfish huh........
and what is the estimate of net proceeds.....is it hud 1?

loan balance =$57000
fmv = $65000
forclosure just started last week.....bank of amer will consider a short sale, I'm in Tennessee

please reply.......kenny

Comments(1)

  • TheShortSalePro29th December, 2004

    all of the answers you seek can be found in the threads of this forum....

    I'd suggest that you spend an hour or two reading through them, and the applicable essays and articles...

    You'll be able to answer your own, basic questions. Trust me, that's the best way to learn.

    Being spoon fed answers really doesn't help you in the long run.
    [addsig]

Add Comment

Login To Comment