I have a seller interested in listing their home. Presently, they are current on their mortgage. Will the bank approve the short sale if they are current?  I thought that they would have to stop making payments at least 30 days before the banks actually approves the short sale if they have an offer.  Is this true, if not what are the guidelines when sellers are current on their payments.

Views: 357

Replies to This Discussion

Hi Gwendolyn!

I have the same scenario w/ Everhome- Were you able to negotiate the short sale w/ them if your seller stays current?  

RSS

Members

© 2024   Created by Brett Goldsmith.   Powered by

Badges  |  Report an Issue  |  Terms of Service

********************************** like buttons ************************