"At least in Utah, any mortgage for a purchase that was not recorded properly does NOT invalidate the mortgage. So again, I still say it is best to check with the title company that was supposed to handle the recording and see if they can fix…"
"I agree. In order to purchase the home there would have been a title/escrow company who handled the funds and recorded the documents. Part of their job (and their insurance) is not only to convey clear title, but to make sure they…"
"I completely agree with Joseph! I have been doing short sales for over 8 years now (even when the market was good). When it comes to the offer to submit to the bank it is ultimately the seller's choice...but I always go over the…"
"I think as Realtors we SHOULD really try to look at the situation from all sides. Cody has a point....the title company is ultimately responsible to make sure that the short sale approval letters are correct and valid, as well as verify that…"
"I am attaching a simple spreadsheet I like to use. I still ask my title company to get me an estimated HUD...but I like to use my HUD because I like to "pad" the fees just a little in case the bank takes longer than planned on to…"
I have been working short sales for over 7 years. I specialize in short sale negotiations for my office (we are a boutique brokerage) and I close an average of 5-6 deals per month. My own listings average 1-2 closing per month.
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