Episode VI: Short Sale on Deck!

Episode VI: Short Sale on Deck! 

So it's been a week since we saw that distressed short sale. After debating it thoroughly and playing lots of devil's advocate between each other, my husband and I actually have decided that it may not be a bad play at all to move forward on this listing. 

Lots of fuzzy math has been involved in our talks; what we would offer; if the asking price is worth it; how much money would we want to put into it if we got it; and what other hidden surprises could be in store for us as we move forward. 

It's not likely that we'll get any farther than a big fat no from the seller/lender "team" since we heard they are going cash or conventional only, but at least we could put it to bed knowing we tried. 

Under all the distress, there lies the blank slate and low price we are looking for. Our mindset now is that the distress has kept other offers away. For us this is an advantage because the lack of investments or upgrades has kept the price down enough to be in our price range with room to fix the cosmetic changes that had others turn away. 

I have emailed the agent who has the listing directly. Let's see what happens when I check my mail tomorrow. 

Wish List for a starter home: 

• 2/2 
• in Celebration
• a bike ride away from Downtown Celebration
• Balcony
• Dedicated Parking (Attached Garage preferred)
• Open Floor Plan 
• All appliances included (washer, dryer, microwave, oven, dishwasher, etc)
• Close to 1500 square feet
• under budget with room for improvements (paint, flooring, lighting, etc)