Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 08/18/2014
Short sale of home bought before marriage
I am in contract in a short sale with a seller who bought a house before he got married.
He is now deep underwater and wants to shortsale. He is still legally married but separated. He doesnt work, he is a veteran and his wife claims head of the househould.
I just spoke with his current wife/ ex wife and she is reluctant to give the bank their W2.
I recommended her to check with the short sale attorney if there will be any repercussion on her credit from providing that document. The bank just wants a proof that the guy doesnt have money.
Any tips and tricks to help this situation better or should I just walk away?