The last few days were largely uneventful. The seller was unavailable and so was her agent, so we sat in limbo for the weekend.

We finally received another counter offer this afternoon. Although we couldn’t get everything my client wanted, we did get the important stuff. That said, we reached a binding agreement.

With a mutually agreed-upon contract, the listing agent now has everything she needs to submit a short sale package to the bank (or, in this case, banks.) This is where things get dicey. Once the package enters into mortgage lender limbo, it’s the listing agent’s job to make sure it goes where it needs to go and gets looked at. I’ll be following up liberally to make sure that happens.

Looking forward to the next step. I’ll let you know what happens.