Comments on: Short Sales: When is Offer ‘Accepted’? http://www.najirashid.com/short-sales-when-is-offer-accepted/ Helping Individuals And Families Achieve Homeownership One House At A Time! Wed, 28 Jul 2010 20:58:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Cameron Novak http://www.najirashid.com/short-sales-when-is-offer-accepted/comment-page-1/#comment-1641 Cameron Novak Thu, 18 Jun 2009 08:27:49 +0000 http://www.najirashid.com/?p=139#comment-1641 Thanks for the post Raji. It seems that many people, agents included, believe that the short sale transaction is between the buyer and the lienholder (instead of the seller). While the seller cannot sell without the approval of the lienholder, the listing is posted by the seller, and the seller has the discretion of choosing the offer to accept (initially). Once this becomes common knowledge... short sales will probably be a distant memory. Cheeers, Cameron Novak Real Estate & Short Sale Agent Corona, California http://activerain.com/cameronnovak Thanks for the post Raji. It seems that many people, agents included, believe that the short sale transaction is between the buyer and the lienholder (instead of the seller). While the seller cannot sell without the approval of the lienholder, the listing is posted by the seller, and the seller has the discretion of choosing the offer to accept (initially). Once this becomes common knowledge… short sales will probably be a distant memory.

Cheeers,

Cameron Novak
Real Estate & Short Sale Agent
Corona, California
http://activerain.com/cameronnovak

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