Special offer

A Short Sale 'OOPS'

By
Managing Real Estate Broker with Schulenburg Realty, Inc. IL License #471.009970

I just finished reading about a short sale 'oops' that occured in Milton, MA.  This 'oops' caused a real estate attorney some real headaches!  He had to use his malpractice insurance since he didn't get a release from a bank for a 2nd mortgage on his client's sale.

Rather than have me rehash the specifics here, log onto http://firstamerican.com/content.cfm?id=2746 to read the short article firsthand.

 

Posted by

Karin Elliott
IBA Realty Group - Big Canoe, GA
14 Years as a Broker & Making Dreams Come True

Ouch! I bet he doesn't do that again. Short sales are anything but short and seldom sweet. By the time the closing arrives we are all pulling our hair out!

Jan 24, 2010 01:15 PM