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Short Sales with Arms Length Transaction Affidavit - Attorney Take

Posted by Joshua Gayman on September 12, 2011 at 3:37pm

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banks, lenders, fanie, trustees, default

This is an oldie and a good one. Shot with myself and my good friend who is both a Realtor and an Attorney, Jason Wells, ESQ. We discuss short sales and the legal implications of the "arms length affidavits" that banks issue to homeowners and real estate agents before approving short sales. ***DISCLAIMER: this video is not intended to be legal advice, ALWAYS seek legal representation if experiencing any scenarios discussed in this video.***

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