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Updated almost 12 years ago,

User Stats

168
Posts
40
Votes
Jonathan Sher
  • Saint Louis, MO
40
Votes |
168
Posts

No short sale rider to contract?

Jonathan Sher
  • Saint Louis, MO
Posted

Hello BP Fans,

I'm currently trying to purchase a short sale in my area. The sellers agent countered today and they want to remove the Short Sale Rider addendum to the contract. Have any of you guys seen this before or completed a short sale without that language in it? It basically gives me (the buyer) a way out of the contract all the way up and past the lien holder approval.

The deal would be great at the price but I feel like the agents trying to strip out our rights as a buyer in a short sale.

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