All too often, we see homebuyers who are “looking for the deal” get involved trying to buy a short sale in Tallahassee. A short sale is when the home owner and the lender(s) for the home owner agree to sell the home for less than what is owed on the home. But as this reader found out, it’s not as easy as just making an offer and proceeding to closing.

This frustrated short sale buyer writes:

My wife and I are trying to buy a short sale. We made the highest offer (full price), we were the 1st offer in and have an escalation addendum to bring it up another 12k. The realtor convinced the selling family to choose another offer, for a lesser amount! We are going fha and they are conventional so they went with them (I bet it is a friend to friend deal). I NEED HELP…Does anybody have a number to the loss mitigation department at AMERICAN HOME MORTGAGE SERVICING INC? I can’t get through to them to tell them I will pay more than the pending offer because the realtor won’t give me any info.

If you have a mortgage with them or deal with them please get me a phone number, email, or fax. Please

thank you

This homebuyer’s “call for help” contains so many learning points, I figured it would make great fodder for today’s Tallahassee Real Estate Blog.

You Need Great Help To Buy A Tallahassee Short Sale

[click to learn more about buying real estate short sales…]