Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

592
Posts
765
Votes
Frank Jiang
  • Investor
  • San Diego, CA
765
Votes |
592
Posts

Short Sale: Nationstar and Auction.com

Frank Jiang
  • Investor
  • San Diego, CA
Posted

Hello BP

I opened escrow on a short sale in Memphis TN a few weeks ago.  Today, I get a call from the seller's agent stating that the primary loan holder, Nationstar, are requiring that this house be put up for auction to "validate" the purchase price.

I did a little research into this relationship and although it seems shady as hell, I'm not really sure what options I have.

Does anyone have any experience with Nationstar short sales and the Auction.com process?

Loading replies...