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Can the bank come back after a seller for the money that was shorted?
Would the seller still be liable for the rest of the money the bank didn't recover?
How can you eliminate that in the paperwork?
thanks
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We recently starting working with a group of attorneys in CA that negotiate every aspect of the Short Sale, and provide legal services directly to the seller. The best aspect of the attorneys is that they charge the ...
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Hello Everyone!
I have not attempted (notice the wording used) a short sale in quite a while. I was wondering if you have noticed that the lenders are more willing to accept them now with all this mortgage mess goin...
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I am working with buyers on a short sale and they have an accepted offer with the seller and the short sale negotiator informed us that bank accepted offer as well. Short sale negotiator office was suppose to send buy...
Last week I saw and made an offer on a house built in 1960 that had been on market 73 days. It had been listed originally at 167K, then reduced and relisted 152K, the blurb reading "possible short sale". I took of the...
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I just had a not to plesant experience with a short sale deal I had on under contract in november, so I found the deal on the mls, I put in an offer for 115k a few days later the agent calls me to say that there are m...
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I am attempting to do a short sale on a property that has negative equity.
The question is... should I negotiate with the lenders to get an idea of what, or if, they would short their position BEFORE I sign any agree...
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What does “private financing available” mean under the Listing Terms section on the MLS. Does this mean seller financing? Property is listed as a short sale and I didn’t think you could seller finance a short sale, so...
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R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with si...
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Does anyone has experience buying Bankruptcy Trustee Short sales?I just started stepping my foot into Real Estate Investing. I'm interested in a short sale that is asking for 70,000. The value of the house after repai...