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Northeast OH Short Sales: How Can I Get An Answer On My Offer?

Northeast OH – The Stop Foreclosure Institute recently received a question from Brad. Here was his question.

“I made an offer to buy a short sale about 4 months ago. I have heard nothing except that they are going to re-submit the short sale paperwork to the lender.

I am very frustrated. Is there . . . → Read More: Northeast OH Short Sales: How Can I Get An Answer On My Offer?

When A Bank Should Accept A Buyer's Offer To Buy A Northeast OH Short Sale

Northeast OH – A bank should accept your short sale when the following rules apply. All banks and servicers have a fiduciary duty to the investor of the loan.

If they own the loan themselves, they have a fiduciary duty to their stockholders. The duty is to get that investor the most money possible.

. . . → Read More: When A Bank Should Accept A Buyer’s Offer To Buy A Northeast OH Short Sale