Posts Tagged ‘before’

In the case of a short sale the bank will not allow potential buyer to purchase it on the contingency that the buyer’s house sell.

It was a short sale offer went in on Monday. What is it i can do to push them to rushing decision. Im trying to get tax credit.

We have bid on a house that is and has been a short sale for a few months. We know that the seller is eager, and willing to negotiate. How long does he have to sell his house as a short sale before the bank will foreclose?

I just found a house I KNOW I want, but it just went on the market a week ago. According to the terms of the short sale, they allow 90 days for all bids to come in and then accept the highest bid. Is there any loop hole here that can guarantee that I get this house?

I am trying to short-sale my property, and I got in contact with a company that specializes in buying short-sale properties. They are asking me to deed the title over to their company while they negotiate with my lender. I don’t feel comfortable signing away the title before the sale is approved, so I’m not going to do it, but I was just curious if this is normal procedure for a short sale.
I read the warranty deed, and it looks like they are wanting me to deed the title into a trust, in which I would be the beneficiary. Does anyone know exactly what this means?