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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: short-sale Posted by TheShortSalePro on May 22, 2003 at 6:59 AM In Reply to: Re: short-sale posted by scinv on May 21, 2003 at 8:51 PM The majority of negotiated short sale approvals are contingent upon the understanding that the seller is to receive zero proceeds from Sale. Any other plan would have to be withheld from the written agreement and closing documents. The Seller and Purchaser would have to enter into a separate agreement, but that would be both unethical, and unlawful. Unless, of course, the Purchaser were to pay the Homeowner for personal property, (applicance, carpets, window treatments, collectibles, etc.) or a service to be performed (debris removal). Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : The majority of negotiated short sale approvals are : contingent upon the understanding that the seller : is to receive zero proceeds from Sale. : Any other plan would have to be withheld from the written : agreement and closing documents. The Seller and Purchaser : would have to enter into a separate agreement, but that would : be both unethical, and unlawful. Unless, of course, : the Purchaser were to pay the Homeowner for personal property, : (applicance, carpets, window treatments, collectibles, etc.) : or a service to be performed (debris removal). Optional Link URL: Link Title: Optional Image URL: [ 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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