Forum

Second Short Sale Same Seller

Posted by Linda S. Cefalu on October 17, 2014 at 6:02am in Short Sale Discussions

I have a seller that I am working with on a ss through WF through Equator.  We are almost at the end and I believe it will be accepted.  I just found out that seller would like me to handle another ss for another property that he owns through Greentree. 

After researching here on our site, I see that all the comments are a couple of years old.  Is there anyone that can shed light on their recent experience with Greentree and also and more importantly, are there are laws regarding the same seller obtaining two short sales in the same year etc.?

I appreciate any feedback.

Thank you,

Linda

You need to be a member of Short Sale Superstars to add comments!

Join Short Sale Superstars

Email me when people reply –
Follow

Replies

  • Wendy Rulnick October 17, 2014 at 10:59am

    Linda - You can do multiple short sales at the same time, the same year.  It's not a problem.

    • Linda S. Cefalu > Wendy Rulnick October 17, 2014 at 11:22am

      Thank you so much for your reply.  Very much appreciated

  • Linda S. Cefalu October 17, 2014 at 8:05am
    Wonderful. Thanks so much for your prompt response. So no special quirks withGreentree? I know I did at least one with them about a year ago and I remember having peculiar issues but can't remember right now what they were. I believe they transferred the file to another company and it took a month or more for them to locate it. Just curious if any of my SS friends had any similar experiences
  • Bryant Tutas October 17, 2014 at 7:34am

    Nothing special for GT. Just fax in the package and have at it. Probably will be a Fannie Mae deal. The seller can do as many short sales as they need to. I did 3 for one last year all at the same time with separate lenders. I've had numerous sellers do multiple short sales. Myself included.

    • Linda S. Cefalu > Bryant Tutas October 17, 2014 at 11:23am

      So nice to get such a quick response.  My SS friends are great!

This reply was deleted.
********************************** like buttons ************************