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Updated over 12 years ago on . Most recent reply

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Mike Smith
  • Kaysville, UT
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Short sale back to self

Mike Smith
  • Kaysville, UT
Posted

Bank of America has declined my modification request three times without legitimately. I know this is true but that is another topic... I am trying to save my home. It is in the process of a short sale. I have an investor that is planning on purchasing the home and selling it back to an entity that I then purchase the home back from. We are trying to create an arms length transaction. BofA is at fault for my situation (this is true but another subject). I want to keep my home and I do not want them to win. However, I do not want to do anything illegal. If it can be done legally then I want to find a way to do this. Please provide me with any suggestions. Thanks to all of you in advance.

Most Popular Reply

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Kyle J.
  • Rental Property Investor
  • Northern, CA
5,172
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied
Originally posted by Mike Smith:
BofA is at fault for my situation (this is true but another subject).

I'd love to hear your version of how a bank is responsible for YOUR inability to pay for YOUR home that YOU bought. Please, enlighten us.

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