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Posted by Lynn Snider on October 13, 2010 at 7:21am in Short Sale Discussions

If a client is trying for a deed in lieu, can the property continue to list as a short sale?

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David Wiggins October 17, 2010 at 4:49am

I had a client that decided to work on a deed-in-iieu with B of A and had to take their property off the market to do the DIL. They did finally get the DIL and bought a new house.
Steve Early October 16, 2010 at 5:11am

Yup - some lenders want to see that you tried to sell it for 120 days before they'll agree to a DIL.
Jeff Payne October 13, 2010 at 8:30am

Sure can, most likely the lender is going to ask to see that they tried to sell the property first.

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