Posted by TRandle on January 09, 2001 at 19:57:50:
Regardless of whether that was supposed to be “tickle” or “tackle”, the answer is yes, I’m still working it. FMV should be around 155k to 160k with some minor cleanup and repairs. I’ve now asked the sole lender to finance me 100% at 112k if I get an agreement from the seller for this agreed-upon short sale price.
I also gave them the alternative of a short sale at 100k if they won’t fund me so I can use my hard money lender. My HM lender turned down my request to just fund the assignment, so I need a purchase agreement. Now, unfortunately, the seller (with whom I was on good terms previously) hasn’t been very responsive lately.
It’s been a blast making ridiculous offers and asking for things I couldn’t possibly expect, yet I’m still in the game. If this all works out, I’ll have to do another success story. Thanks, and take care…