twucaraut asked:


I put a bid down for a short sale, pre-foreclosed house 3 weeks ago and haven’t heard a response from the seller’s bank yet. The seller’s relator doesn’t have any answers for me. He does tell me that there was one other offer placed 2 1/2 months ago, but hasn’t heard whether the bank accepts that offer!!!! My offer was slightly more than their asking price, so I know it was reasonable. Please give me some advise regarding how long I should wait to hear if they accepted my bid. Does it usually take this long? Anyone have any experience buying a short sale house?

BETTY

DD asked:


I close on my current house in a week and I would like to move into the short sale house right away and rent it. I don’t want to put my stuff in storage or rent another place. But our buyer’s agent tells us that the bank does not want us to rent. There is something about you cannot rent a short sale house. I want to find out if that is true or not. Any help is greatly appreciated.

RANDY

cdf0 asked:


is there somewhere i can look to see if there is any leins on the house? Any suggestions on buying a short sale?

KEVIN