Might not be anything you can do on this one but in the next one can you make that stipulation part of your offer.

The original lender may not be held responsible if any subordinate lienholders decline to participate and decide to sue the borrower for the amount of their unpaid debt.HAFA’s Short Sale Agreement (SSA) has certain stipulations for all parties involved.

Most likely, this stipulation is to help eliminate any chance of assigining the property to another.

The agent will facilitate the short sale, and if the bank approves, you can buy the property at the reduced price.Probably a good idea to create a relationship with an agent beforehand, and agree that this is how things will work.Also, be forewarned that many of the big banks have stipulations in their short sale approval letters that say you can't resell the property for some period of time -- for example, Wells Fargo requires you to wait 90 days to resell and Chase requires you to wait 120 days unless you do substantial improvements to the property.

So I ended up going with Bank B.They also had some additional stipulations.

There is no way that a wholesaler with little or no money will be viewed or called an "investor" in any court, it's a business operation and you are the operator.So, the business of wholesaling as popularly put together is more than likely going to be viewed as being in a business of contracting, without the ability to perform as initially stipulated and then selling a contract as the right to sell for compensation.

Get it all out in the open.I would rather keep myself out of the chain of title and do an assignment agreement which stipulates you get your $10k when it closes

My point is it doesn’t necessarily have to be your funds (unless the contract stipulates this).

i think we forgot that some bank owned property has stipulations about selling right away, or they have issues with assignment.

I like to use the term "Real Estate Professional" instead of Real Estate Broker because my state stipulates that this (verbatim) is what has to be disclosed at a minimum.