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Loan Modification

: Loan Modification & Home Loan News

Short Sales and Arm?s Length Transactions

By Moe Bedard

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One of the key problems with a short sale is making sure the buyer is an unrelated party; “an arm?s length transaction”. I’m aware of a property being offered as a short sale in SoCal where the agent is the wife of the owner, and she has been, uh, unhelpful to some prospective buyers. I just [...]

Full post as published by Loan Modification & Home Loan News on February 12, 2010 (boomark / email).

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