Has anyone ever heard of anyone renting a short sale home? - sale of home ancillary probate
One of my friends is how he signed a short sale with your bank and approached by someone who both confidence in his house for two years with the possibility to rent buy home if you decide to stay in the region. Without being on my own research, I said, I do not believe that the financial institution in the mortgage that we would do, that is. That's what brings me here. Has anyone heard?
Saturday, February 6, 2010
Sale Of Home Ancillary Probate Has Anyone Ever Heard Of Anyone Renting A Short Sale Home?
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First, a short sale an option for homeowners, is the head and against forced eviction, because you can not afford their payments. So if your mutual friend wants to rent the property, the lease between the landlord and the mutual friend of the bank is not involved in the lease.
ReplyDeleteSo, your friend, the current loan payments. Then see your friend needs to consider whether to cover the lease payments repay the loan. Normally there is no reason why your friend wants to rent this place.
In addition, the scam artists know who say they will pay their loan repayments and collect money from owners, while it is going into foreclosure.
Good Luck
Not a short sale is just that a short sale. This is not a lease.
ReplyDeleteIn addition to a short sale is not an option for the bank.
Short selling is a private contract between the seller and the buyer, the bank must ensure that the purchaser buys a qualified buyer, not a friend, family member or someone who has time for the owner.
If banks are found in their research, some companies are illegally in the deed, and they were charged.
I'l say it again and again.
Think that flying from the banks.
If your friend wants to buy the house and then lease for two years.
So what is the activity of the banks? Why do you have to explain what he would do after the sale? "ESP-Bank"
If your friend wants to sell the house and rent instead.
Not get caught?
I think it will not be able to do so. Require mortgage people, that you must live in the house.
ReplyDeleteNot in a financial ceiling for those caught, check with your bank before you enter.