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  1. 06-18-2010, 06:20 AM #1
    WHB Solutions
    WHB Solutions is offline Fixer Upper
    Join Date
    Sep 2009
    Location
    California
    Posts
    87
    Blog Entries
    2

    Default Q:If you pay full price cash for a short sale that has been bank approved will the pr

    If you pay full price cash for a short sale that has been bank approved will the process of closing go faster?

    Paying all cash will always make the process go much faster. The only thing that is the bottleneck is waiting for the bank to accept your purchase offer. Once it is approved, you can close in a day or two. The period to wait for the acceptance of an offer differs with each bank and each sale scenario. It's not always straight forward that he will take any offer that is submitted. If no approval has been provided, you may be waiting a while to close your deal.
    Last edited by WHB Solutions; 06-21-2010 at 01:22 AM.
    Join the Short Sale Wave and Take Advantage of the Down Market with the Secret to Ensuring a Serious Boost in Your Short Sale Success!http://whbsolutions.com/trial/
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