Please I need to know if anyone has this problem.I'm getting ready to close on my short sale after 9 months of going back and forth with the negotiator. Now they told me that they are not paying for attorney's fee for the seller. I don't understand this how can that be.. when my Seller needs someone to representation.
Please let me know if this is TURE for all chase deal. or Is there a way around this.
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Hi Jeff,
Thanks for your input. The Seller needs an attorney to represent him on the sale however the seller doesn't have any money due to the fact that he couldnt pay his mortgage since he lost of his job.
Here in NY the attorney's present the seller on short sale for other banks.
I was wondering if this is a new method for all bank or is this only for Chase Bank. Do you know if it's true.
thanks Steve,I didnt see it that way. After all my seller is getting $3000 from the bank and they have given him debt forgiveness too. He should pay but we can't force him. I think he may just refuse, so the attorney truned around and asked me for the fee.I guess that I've learned from this experience and do my own Short Sales since I am certified.
After, all of this now I'm not sure what will happen with my deal because the title company just found $23,000 worth of liens on the property so i'm not sure if the Bank will pay for this... so everything is still in the pending process.
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