I have a deal that is scheduled for sale next Tuesday and they said they can't stop the sale to do a short sale. I have been doing short sales for quite some time and have never been told no because less than 30 days. I have got them to postpone the shortsale to give us time to submit. Any truth to this 30 day rule with NS? Any help is appreciated. I even called escalations and they said the same thing
Yes that is their policy. Most of our sellers with NS have had to file BK to stop their foreclosures. You can also try escalating to the investor.