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Updated over 6 years ago, 07/20/2018

Wai Chan's profile image
Wai Chan's profile image
Wai Chan
  • Rental Property Investor
  • from San Diego, CA
  • Member since Mar 17, 2014
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User Stats

78
Posts
42
Votes
Wai Chan's profile image
Wai Chan's profile image
Wai Chan
  • Rental Property Investor
  • from San Diego, CA
  • Member since Mar 17, 2014
Connect
Wai Chan
  • Rental Property Investor
  • San Diego, CA
42
Votes |
78
Posts
Private Lending & Conventional Mortgage Advice

Payoff demand during escrow

Wai Chan
  • Rental Property Investor
  • San Diego, CA
Posted

There are multiple deed of trusts recorded on a CA property that is now under escrow. If the contract price cannot cover all the payoff demand, can the seller still close the escrow? What would happen in this kind of situation? Can you give me some suggestion?

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