Laurel Lewis's Blog (1)

Anyone have problems w/buyer buying a short sale property with an IRA.

Waited 6 months for an approval letter on a short sale my buyer is wanting to purchase from Wells Fargo with Freddie Mac Investor. He started out using a loan n at about the 3 month mark decided to use his IRA. Listing agent and I both decided an addendum to change verbiage on buyer name would be best added after approval was even given. Otherwise short sale may be stopped n restarted. Upon uploading the change, days before closing, the Equator system kicked out a note from negotiator saying,… Continue

Added by Laurel Lewis on July 29, 2012 at 5:47am — 1 Comment

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