Seller's agent & short sales

Profile picture for blueeyes4ya
Is it wise or possible to contact the seller's agent to inquire whether or not a short sale has been approved by the seller's bank yet?? I put an offer 3wks ago & I haven't heard a thing, I know it does take time & I feel the seller's bank should take the loss or make the seller accountable
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July 27 2009 - Franklin Park
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Profile picture for jkonstant
I did and bothered them repeatedly when I bought. I had an agent and although she did what I asked, she was not as forceful or demanding as I was nor could she convey my position as well as I could myself. There are no laws prohibiting it but you may get some resistance from the listing agent. They may not be able to answer some questions and may not want to answer some.

Hopefully your offer had language permitting you to walk without any loss at any time prior to receiving written approval from the seller's lender. This way you can keep looking and change course if another option becomes available.
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July 27 2009
 

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Profile picture for Jeff Konstant
QuestionSeller's agent & short sales
  • Latest answer by Jeff Konstant
  • July 27 2009
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