I will give you the same advice that I gave you last time you posted on this topic
http://forums.pelicanparts.com/off-topic-discussions/735558-buying-short-sale.html#post7290567
Quote:
Originally Posted by fintstone
I was the first to make an offer on a short sale...full price, cash offer. It was rejected and the home sold to another person for about $100,000 less. Every one of these that I have any personal knowledge of have been a scam in some way...so I am not playing any more. I am only looking at repossessions like Fannie mae or regular sales. It is just not worth the waste of time to me.
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I followed my own advice and close on a home (regular sale) on 1 July. I am getting it for about #100K below asking and I believe, at least $50-$100K below market. If you really want to buy a house to live in while prices and rates are low, your window may be limited. Don't screw around with these "deals." There are plenty of sales out there that are almost as good and legit...but they are drying up pretty quickly in many places.
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