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  • Short Sale Question

    If a motivated seller calls you and they are upside down on their mortgage. During the initial conversation should I ask for their Banks info to negotiate to get the SS approval price?

  • #2
    Yes, as well as all documents neccesary in order for you to get the ball rolling.
    Just do yourself a favor and check your local laws to see if you are legally able to negotiate with lenders - Beaware - SS laws, rules and regulations have changed a lot these past few yrs.

    Good luck

    L.Souza-GA

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    • #3
      Originally posted by L.Souza-GA View Post
      Yes, as well as all documents neccesary in order for you to get the ball rolling.
      Just do yourself a favor and check your local laws to see if you are legally able to negotiate with lenders - Beaware - SS laws, rules and regulations have changed a lot these past few yrs.

      Good luck

      L.Souza-GA

      Thank You. When you contact the banks (If the laws allow) Should I identify myself as an investor, or as a friend of the Homeowner?

      -Thank YOu

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      • #4
        I used to introduce myself as the buyer or the authorized party.

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