Elk Grove Short Sale – What is Short Sale Contingent?
One of the first questions I usually get from short sale buyers in Elk Grove is “What does short sale contingent mean?” Short sale contingent means that the seller has already accepted an offer on their home but they are still waiting on their lender to approve the short sale. While waiting for the short sale approval, the MLS listing is labeled “short sale contingent” and will not actually be “pending” until the bank issues an approval letter.
Here is my latest short sale contingent home in Elk Grove:
10026 Blossom Ridge in Elk Grove is now short sale contingent for $190,000. This home is a Wachovia short sale, known to have an easy to work with short sale department.
If you are considering an Elk Grove short sale, it’s important to work with an experienced short sale agent. Short sales are very different from traditional sales because of the close negotiations with the bank, the banks strict short sale guidelines, and time-lines.
See if you qualify for an Elk Grove short sale.
Elk Grove Short Sale – What is Short Sale Contingent?
Posted by Elk Grove Short Sale Agent – Allan Sanchez – www.AllansHomes.com
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