Lucien Vaillancourt
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Short Sales with "Equitable Interest"

Started this discussion. Last reply by Smitty Aug 21, 2010. 4 Replies

A new title status called "Equitable Interest" has been appearing in our MLS.  My understanding of this term is that someone other than the owner has negotiated a price with the lien holder and is…Continue

Tags: status, title, Interest, Equitable

 

Lucien Vaillancourt's Page

Profile Information

First Name
Lucien
Last Name
Vaillancourt
State
Florida
City
Jacksonville
My Profile
Broker Associate with Realty Executives "The Elite Group". Designations include GRI, E-Pro,SFR, AHWD. Licensed in 1998. Focus is on single familiy residential sales.

Lucien Vaillancourt's Blog

Military HAP denies request for buyer closing cost assistance

Posted on April 8, 2012 at 5:19am 2 Comments

I am in the process of negotiating an offer for a buyer attempting to purchase a home involved in the HAP program for military servicemen.  The buyers requested the seller to provide closing cost assistance.  The seller rejected the offer stating that the HAP negotiator assigned to him told him that HAP does not pay any buyer closing expenses.  I did some research and found …

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