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benefits of THT during acquisition of a short sale prop?

Posted by Dale on October 17, 2006 at 7:03 AM

In Reply to: Please read article to left titled posted by JK (the other JK) on October 16, 2006 at 10:00 PM

Thanks JK; I understand the benefits as outlined in the article. During the actual acquisition of a short sale property (and dealing with a seller) is what I'm questioning...whether it makes sense to drag out all of the additional forms and having to explain the THT to a seller who is in foreclosure and liable to lose their home, i.e., it doesn't help in the process of easing their concerns and closing the deal...I think its easier just to do a simple EPA and be done with it...I can always transfer ownership to the THT AFTER acquiring the property; what I'm asking is am I forgetting a reason or benefit of useing the THT during the acquisition of a short sale property (only)?


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