INTDESR's Discussions

I was curious how long it takes to go from an unsuccessful short sale to an actual foreclosure.  I have seen some properties go off of the market but so far none of them have come back onto the market yet. 

Will it affect housing prices?

I have been looking at houses for two months and my realtor has been calling on the properties first to find things out like if they accept VA (some realtors have been forthcoming and have said no, I suppose based on the condition of the home), and if they have any offers.  She has explained that she no longer wants to call the listing agents.  I have thought it necessary to call first, but now I'm wondering if I should just listen to her and just put offers in the house.  I am looking at mostly short sales and foreclosures and I while I'm extremely patient I also don't want to waste my time (an hour long drive out to the properties) What do you think?  Do you think it's necessary to call the listing agent before you see the property?

I have been looking at houses for two months and my realtor has been calling on the properties first to find things out like if they accept VA (some realtors have been forthcoming and have said no, I suppose based on the condition of the home), and if they have any offers.  She has explained that she no longer wants to call the listing agents.  I have thought it necessary to call first, but now I'm wondering if I should just listen to her and just put offers in the house.  I am looking at mostly short sales and foreclosures and I while I'm extremely patient I also don't want to waste my time (an hour long drive out to the properties) What do you think?  Do you think it's necessary to call the listing agent before you see the property?

Sorry, duplicate post.  I'm trying to figure out how to erase it...

I am preapproved VA and want VA because there's no PMI.  I understand getting a short sale or foreclosure is going to be difficult.  The first house I see that is an owner that I really like I will jump on.  I am not going to change to a different loan just to make my purchase easier yet.  I am in no serious rush but I am certainly motivated.  I am using Zip Realty so I understand that I will have to do some of the leg work.  I have two offers right now.  I do think the realtor should call and find out some things like I mentioned so I don't waste my time seeing houses that need a lot of work.  I won't be paying out of my own pocket any of the work unless it's minor like doorknobs or a broken drawer or something.  I just want to keep an open mind at what she's telling me about whether or not she should be calling on listings. 

She's pretty close to the areas I'm looking at (5-10 min at most and the next city over).  

Zip realty is a brokerage that gives part of the commission back as a rebate.  On a $300,000 house I'll get back around 2k.  It also means that I've been doing all of the searching online as all the listings are on their great website.  That's okay, I don't mind that, but if I have to start calling LA"S, I'm starting to question our arrangement here. 

I've only seen about 9 homes.  I'm being quite selective, I will admit.  I'm pretty familiar with the areas now so I can eliminate most online. 

la457, What way does it work now?