Has anyone ever heard of the home owner short selling their home to their tenant? Will the bank allow this type of transaction?
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Has anyone ever heard of the home owner short selling their home to their tenant? Will the bank allow this type of transaction?
You need to be a member of Short Sale Superstars to add comments!
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Always ask yourself what is the advantage to the seller for doing so? Usually the answer is NONE. If that's the case then all it does is make a difficult transaction more difficult. Some lenders may allow it. Most will have an issue with it.