I have a property that is being inherited by the daughter and the daughter wishes to purchase it and move in. The property is a short sale.
How can the daughter purchase it given the arms length issue? It has been willed to her - but to the tune of 100K under water.
Any ideas?
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It may or may not be possible, but if it is it's going to take some serious escalation to a decision maker. I have done similar on a Freddie Mac Loan before.
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