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Agreement 3 days before trustee sale

Posted by polarisis on September 15, 2003 at 5:41 AM

Hi all.

I have property going to trustee sale this Thursday and have managed to reach an agreement to have it purchased from the sellers directly. I'd like to present the lender with the following this morning:

1. Copy of Purchase and sales agreement
2. My proof of funds

I'm not asking for a short sale. My deal has both the lender getting paid off. (I've based my number on the opening bid)as well as the sellers receiving some cash. I would just need to have the sale postponed.

Also, I would assume I would start an escrow and have my lender fund as soon as possible.

Any advice on getting the lender to agree to postpone? I'll be speaking with them (the trustee) this morning.

Thanks!



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