Tagged : Bank Owned

Found 1 blog entry tagged as "Bank Owned".

Omaha Short Sale

omaha_short_sale_400Thinking of buying an Omaha short sale? Get your checklist out. Here is what you need when thinking of buying a short sale in Omaha.

1. Patience

2. Patience

3. Patience

There are so many variables when dealing with a short sale home that you have to have patience and a take it or leave it attitude. You see once you write an offer and the seller accepts it you really do not have an offer that is enforceable until the bank approves the short

sale. Many times you have two banks to deal with which is called a first and a second. The first bank probably is going to deal with the situation pretty quick but if there is a second lender they have no protection in a foreclosure situation so if the second lender isn't getting any of the

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