An agent in my office contacted me to help her. This is the situation. Sale was a regular one until it was just discovered owner was not upfront and has liens amounting to 50K+ ( HOA and at least 2 mechanics liens). I am told owner has money to pay the liens but will then be about $51K short to cover the sale of the house, so LA informed BA immediately and parties signed a short sale addendum post ratification. Any advice?
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This is why you always have an attorney or title company pull title at the start
I agree with you Joseph. I should have specified that I was not involved in the transaction until I was asked to help this morning.