I hope I am putting this in the right place.
We are looking at a home that our agent told us is a "short sale." It is also needing a lot of work like updates but also many repairs.
We need to move by the end of November, because our lease is up, and month to month is a 50% rental premium which we really don't want to pay. How does a short sale work? Our agent says it can take longer to close because of the bank. Can we get the house before our lease expires and we are month to month?
(Moderation note: Moved to Short Sales and Foreclosures forum.)
We are looking at a home that our agent told us is a "short sale." It is also needing a lot of work like updates but also many repairs.
We need to move by the end of November, because our lease is up, and month to month is a 50% rental premium which we really don't want to pay. How does a short sale work? Our agent says it can take longer to close because of the bank. Can we get the house before our lease expires and we are month to month?
(Moderation note: Moved to Short Sales and Foreclosures forum.)
Last edited by a moderator: