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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Experienced short sale buyers: I have a question re: liens. Posted by henry on February 04, 2010 at 12:54 AM In Reply to: Experienced short sale buyers: I have a question re: liens. posted by Alfred, CA on February 04, 2010 at 12:41 AM : If you purchase a property from a lender via short sale what happens to any liens or other encumbrances on the property? : Are they wiped off as in a foreclosure or REO sale? Does the seller/lender clear them? Does the buyer get stuck with them? Do results vary from lender to lender? : Thanks in advance. A short sale is the same as a regular sale with the house sold "AS IS". Other than that the sale can be treated as a regular sale. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : If you purchase a property from a lender via short sale what happens to any liens or other encumbrances on the property? : : Are they wiped off as in a foreclosure or REO sale? Does the seller/lender clear them? Does the buyer get stuck with them? Do results vary from lender to lender? : : Thanks in advance. : A short sale is the same as a regular sale with the house sold "AS IS". Other than that the sale can be treated as a regular sale. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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