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Updated over 10 years ago on . Most recent reply
Short Sale Approved
I have a short sale approved for $335,000 until September 22 2014 for a property in long island NY. Title came with a big surprise of 10 million dollar judgment... and the bank now has a sale date for September 16...
My way out is to by the note for the short sale price, can anyone help? The investor is US National Bank.
Thank You
Rebecca
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
Prelim title should be run at the beginning, before an offer is even made on a short sale, let alone waiting until the end. It's ridiculous that the listing and selling RE agents didn't know about this before now. I assume you are the buyer, otherwise you would have known.