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Redfin Real Estate Forums :
Boston :
Re: seller accepet offer and dont want to close
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Re: seller accepet offer and dont want to close
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Sean
Redfin Lead Agent
Posts: 16
Registered: 08-03-2007
Message 2 of 3
Viewed 1,548 times
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Unfortunately we understand your frustration all too well. At the moment banks are so overwhelmed with short sales and foreclosures that it is taking them a very long time to process the transactions. We currently have buyers who have been waiting over a month in the exact same situation. The bad news is that there is very little you can do to hurry the situation along but the great news is that you have gotten a good price on the property. Our advice would be to continue to be patient and diligent in your pursuit. We try and check in with the banks/brokers as often as possible without being annoying (1-2 times a week) and make sure we have all of our affairs in order so if and when we do get final word we can move quickly. In this market, patience is not just a virtue but a necessary part of doing business.
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01-30-2008 07:29 AM
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