Season 11, Episode 7

Dual Opportunities in Denver

Devon and Tyler fell in love with a short sale in the suburbs of Denver, but after bidding on it, they fell into real estate purgatory waiting for a response from the bank. After three months of no news, they bid on a second home. Then, finally, news arrives on both houses at once: the second house that they just bid on went under contract to another buyer, but the bank accepted their bid on the short sale. Just as they think they're sailing toward home ownership, the seller's lien holder holds up closing. A delay could cost Devon and Tyler money that they haven't budgeted, and it puts their locked-in mortgage rate at risk as well.
See Tune-In Times
Lowballing and Losing
Navigating the Negotiation Process

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