There is nothing more frustrating than having the seller sign the contract on the short sale, the bank providing the acceptance letter to the short sale but there is a term that isn’t met, and the deal falls apart!
After your short sale contract is accepted, there are still things you need to know to get to the closing table and actually close the deal! Here are a few of the common things that have stopped the contract and they are are in control of the buyer, but you need to know what they are.
http://www.realtor.org/rmolaw_and_ethics/Articles/2010/1011_law_estoppel
Elaine Beery
RE/MAX Achievers
480-570-1912 Direct
800-525-9471 Tolll Free
480-248-2826 Fax
www.Shortsales-Elaine.blogspot.com
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