The Short Sale Shakedown Continues

Last week I wrote about an offer we made on a property advertised as a short sale. Today I learned that it was picked up and reported on the LA Land Blog. This article was about the seller's real estate agent informing us that in addition to our offer, the seller's were looking for an additional $15,000 to be paid out side of escrow in exchange for accepting the offer. If you didn't have an opportunity to read the story you can get the full details at "Would You Mind Repeating That"? I also … [Read more...]