417 Promised Land

$199,900 | MLS #: 326809

417 Promised Land
Spartanburg, SC29306

***SHORT SALE*** PLEASE NOTE THE LISTING PRICE HAD NOT BEEN APPROVED BY THE BANK AND THE BANK WILL NOT START ON THIS FILE UNTIL AN OFFER HAS BEEN RECEIVED. HOUSE IS STRICTLY BEING SOLD "AS IS" PLEASE READ: A short sale is a transaction where the homeowner sells their property for less than what's owed on the mortgage, with the lender?s approval. While it can be a viable alternative to foreclosure for homeowners in financial distress, agents should be prepared for a lengthy and complex process. The timeline can vary significantly?anywhere from 60 days to 6 months or more?depending on the lender(s), the number of loans or lienholders involved, and how complete and accurate the short sale package is. Patience, consistent communication, and thorough documentation are key to navigating a successful short sale. DO NOT SHOW THIS HOME UNLESS YOUR CLIENTS UNDERSTAND THIS PROCESS.