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Updated about 12 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Luke Barry
  • Real Estate Investor
  • Tuscaloosa, AL
0
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6
Posts

Short Sale After Bankruptcy

Luke Barry
  • Real Estate Investor
  • Tuscaloosa, AL
Posted

Hey everybody, I'v got a question about a pushing a last minute short sale through after the owner has declared bankruptcy and elected not to keep the house. That was in October of 2011. However there was a recent notice of default that claimed her as the owner of the property with a foreclosure date coming in march 2013. Who has title to the property in this case? The bankruptcy estate trustee or the former owner? Should I just get a release form and loan account number and contact the lender about a short sale? I guess my main question is who should I be contacting to start the short sale process?

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