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Minneapolis Homes For Sale What is likely hood of obtaining a home through short sale? I found a house I like Minneapolis located in the neighborhood I wanted. Its most recent assessment by the tax records was at 190K. It entered into selling first to 148K then dropped to 90k. Structurally the home is fine but needs a lot of cleanup work and (the owners left behind an enormous mess). I estimate approx. 20k in upgrades and repairs. Short sales must be called selling long because we have discovered that it is a game they stall to wait for someone to offer more money than the asking price. We have made offers on a property and we were ready to pay the asking price. The officer said there is another offer and they are willing to pay more than the asking price. We have no idea unless you present the offer and see what they will do. By the way you can not simplify that you have not in the way of a loan. Get your numbers on what must be done from a good contractor you will need to submit a loan 203K Posted on July 19, 2010.
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