Cigar Asylum Cigar Forum - View Single Post - I'm going to buy a house, I could use some help!

Ratters · 02-21-2010, 12:42 AM

Yeah, I was really lucky on my short sale, bank came back with an acceptance within a month. I think that's because they lost two previous buyers by waiting too long. One thing to make sure of is that the house doesn't have a second mortgage, or if it does that it is cleared. The bank holding the second came back the day before closing demanding an extra couple grand when I thought everything was kosher. It was split between me and the buyer, with my agent paying some of mine, and it was such a good deal it wasn't worth stopping because of it, but make sure for you that your realestate agent has all the bases covered.

02-21-2010, 12:42 AM	#33
Ratters Have My Own Room Join Date: Oct 2008 Posts: 1,848 Trading: (2)	Re: I'm going to buy a house, I could use some help! Yeah, I was really lucky on my short sale, bank came back with an acceptance within a month. I think that's because they lost two previous buyers by waiting too long. One thing to make sure of is that the house doesn't have a second mortgage, or if it does that it is cleared. The bank holding the second came back the day before closing demanding an extra couple grand when I thought everything was kosher. It was split between me and the buyer, with my agent paying some of mine, and it was such a good deal it wasn't worth stopping because of it, but make sure for you that your realestate agent has all the bases covered.