Elk Grove Short Sale….sold in less than 1 week

Elk Grove Short Sales are moving very quickly these days.  This is just a quick example of how quickly we are getting offers on them.  This home located at 9848 Wyland Drive, Elk Grove, CA went on the market at $240,000 and into MLS last Friday, June 15th and by Monday we had received 5 offers on it.  The seller has selected an offer at $250,000 and we are beginning negotiations on it with the bank.

Most Elk Grove short sales are now selling within the first week to 10 days on the market with multiple offers.  The banks are also approving them more quickly these days!  We have received approvals from the banks in less than 30 days on some, however most are taking about 30-45 days now to receive the approvals.  This is much better than the 4-6 months it was taking for approvals.  So if you are in the market to buy a home in Elk Grove, CA make sure you check out the Elk Grove short sales also!

 

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