This is pretty serious stuff. If you are working with Short Sales please be sure to notify your Sellers and give them this information. I am not an Attorney nor do I play one on TV so I do not know the legalities of this. I do know though, that if it were me, I’d much rather avoid the issue all together and pull my money out of the bank that I have my delinquent mortgage with. Better safe than sorry.
If you read the comments to Sally and David’s post you will see that this IS happening. And it’s happening all over.
And of course….Bank of America is one of the culprits.
Be a Short Sale Superstar to your Sellers and make them aware of this situation today. OK?
Do NOT be foreclosed on! Avoid foreclosure. Short Sales DO close.
Want to find out more? www.CentralFloridaShortSales.com
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