Replies to This Discussion

Permalink Reply by Katerina Gasset on July 15, 2010 at 3:18pm

In order to pass clear title, that would depend on your state laws. Are you a probate state? In some states in some estates a quit claim deed is not enough to satisfy the title insurer. For the short sale lender- you need to send the death certificate along with the quit claim deed. Your negotiator is most likely NOT going to know how to do this so I would go direct to her or his team leader. These usually get moved to a different department. THey also will have to have their legal dept review too.

Permalink Reply by Bill Green on August 11, 2010 at 3:33pm

Hi Dee,

You got to find out if the property is going into probate. If it is, you can explain the situation to the probate attorney and you should still be able to complete the short sale. The attorney should get the property out of probate so the sale can happen. If it has been quit claimed to the deceased's son, you can explain the situation to the bank and provide them with a death certificate, quit claim deed etc. Since there is true hardship here, the bank would likely continue working without need for too many documents under these circumstances. Good Luck.