Buying A Home
NariaD
member
TTC #1 since 10.2011
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
New Neighbors?
So the house next door to us was a foreclosure, and it has been vacant for over a year now, and the house across the street from us was a SS- it has been on the market since November.
I just heard from my realtor (DH and I were considering buying one or both as investment properties) that the seller of the SS accepted an offer, and the bank/owner/mortgageholder of the foreclosure accepted an offer as well.
Does anyone care to venture a guess as to when we will have new neighbors? Quite honestly I'm looking forward to it, but there are a few things I need to take care of before we get a next door neighbor- such as having survey lines drawn.
TTC #1 since 10.2011
Re: New Neighbors?
The biggest, most annoying hurdle in buying a short sale is getting the green light from the seller's mortgage holder/bank. If there is only one mortgage holder and the buyers already got their bid approved from them, it could be within 2/3 weeks, or as long as it takes for said buyers to get a mortgage approval, run a title search, and receive a clear to close.
Every state and every bank is different. Wells Fargo has an expedited short sale program that I believe is 10 days, whereas BoA, Citi & Chase are the worst offenders and drags things on for months, sometimes years on end.