Seen on a Short Sale Listing Today

Not to sound overly unsympathetic to the seller’s plight but arrogance like this just leaves me waiting for the bank to foreclosure and take possession:

Submit your Highest & Best offer by 8/30 when seller will review.

It’s not a particularly complicated concept … accept an offer, get it to the lender so they can start processing the sort sale request, and go from there. What is offered shouldn’t matter to the sellers because, on a short sale, the sellers will not see a cent.

I would advise clients to consider moving on to another home if this were a traditional sale, much less a short sale where it will be months before they’re able to close escrow (if ever.)

But hey, make it as difficult as possible for someone to step up to the roulette wheel and see if they ball falls on their number and the bank says yes.

[tags]Phoenix real estate, short sales[/tags]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

1 Comment

  • M Realty 8 years ago

    Heard this 3rd party, so take it with a grain of salt but the best private agent remark in the MLS I have ever heard of was “Please dont enter the basement as it smells like cat pee”.

    Great. I appreciate the warning.

    -Tyler

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