Today I attended a short sale seminar that I found to be very informative and productive.
Short sales are an animal of a different breed.
I learned much that would have helped me in the short sale that I am working on now.
Please, if you are involved with on...find out if the sellers have declared bankruptcy! That can blow the
whole deal if they have.
I am learning that the hard way.
Ginger of Sea Coast Realty~Southport NC
Ginger - You, the seller or his attorney can ask the Bankruptcy trustee to abadondon the property from the bankruptcy, though. Don't give up!
We have seen short sales that still go through even after a bankruptcy. Wendy is correct have the trustee pull the property and you can still sell it.
I am talking with the atty...now to see what I can do. I think we can work it out. I have been spending way too much time on this one.
Thanks for advice.
Ginger
Its important to stay fresh, so attending classes is a great idea. Good luck with your short sale.
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