Michigan Real Estate-Southeastern Region-Keller Williams

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• Short Sales

• Diary of a Short Sale-Independence home inspection

  Since the last post, we now have verbal agreement from both banks (first and second lienholders) that they will agree to the short sale. The second lienholder is taking about $2,000 less than they originally agreed to, but would get nothing should the Read More... Posted Monday, October 13, 2008 8:57 AM by Debby Poronto | 0 Comments Filed under: MI, Foreclosure Real Estate Agent, Short Sales, Independence Short Sales

• Diary of a Short Sale-Independence

  This lovely home has been on the market since February, 2007, priced at $189,900. Currently, the price is $119,900. We wrote our offer on 9/27/2008. On 9/29, it was submitted to the agent, who quickly submitted it to the seller and the bank. By 10/1, Read More... Posted Friday, October 03, 2008 6:43 AM by Debby Poronto | 0 Comments Filed under: MI, Short Sales, Independence Short Sales

• Diary of a Short Sale Part 2

  On 9/24 our offer was re-submitted, along with another. Ours was the one they decided to work with, as I was told on 9/26, because it was the first one re-submitted, by a matter of minutes. I was told that the other offer was higher. On 9/27, the bank Read More... Posted Tuesday, September 30, 2008 8:51 AM by Debby Poronto | 0 Comments Filed under: Short Sales, Madison Heights Short Sale, Independence Short Sales