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Any luck with the bank agreeing to let the owners of short sale rent back from new owners?
Started this discussion. Last reply by Joshua Gamen Dec 22, 2010. 22 Replies 0 Likes
I have a short sale that has been approved by the 1st, however, the owner wants to become the tenant and the NEW owner to be wants to rent to the sellers. The banks "Arm's Length Affidavit"…Continue
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CONTEST - What can be done to make the short sale process run smoother?
Posted on January 6, 2010 at 6:05am 6 Comments 0 Likes
I would like to say that this is my own idea, however, I would like to share with you the information I received at a meeting yesterday with a Short Sale Manager from Wachovia Bank. This news is exciting for short sale agents and I am hoping that other banks will follow Wachovia's lead as it will greatly reduce the time frames and headaches for the current process!
Wachovia Bank / World Savings Bank is now sending out informational letters as well as pre-approved short letters to… Continue
Wachovia Bank / World Savings Bank is now sending out informational letters as well as pre-approved short letters to… Continue
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