My 1st short sale...

[H. M.]

I have listened to a few short sale gurus with different approaches on back to back deals:

1. Use a purchase contract and do not disclose the "b to c" agreement to the foreclosing lender it may kill your deal.

2. Use an option contract and disclose everything to everybody or else!

I have always believed in full disclosure, is that being naive?

Does it matter what agreement I use on the A to B any more now that FHA is waiving the 90 day seasoning stip?

Lastly, do most of you negotiate your own or out source it?

Thanks for your thoughts, I'm definately feeling outside of my comfort zone.

H.M.