0 Tenant relative purchasing property Posted by Constance Carter on November 7, 2012 at 12:39pm in Short Sale Discussions Someone approached me about short selling their home. Their tenant pays the mortgage directly, and his daughter is interested in purchasing the property. Is this an arms length issue? You need to be a member of Short Sale Superstars to add comments! Join Short Sale Superstars Email me when people reply – Follow
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"Their tennant pays the mortgage directly"? If the rent covers the mortgage, I don't see the hardship.
Arms length, let the lender decide.