I have had a home listed no for a while with no activity at all. The owner informs me they are turning it over to the lender. No exact date from the lender as to when they will take possession.
Fast forward...We get an offer for about 50K less than they owe, Owner & Lender says they will look at it.
Anybody had luck collecting a commission on a short sale?
Personally I would rather not deal with it if I get nothing.. The Risk to reward ratio factor kicks in.