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Rick Wood
  • Newport, RI
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Renters want to buy house on short sale

Rick Wood
  • Newport, RI
Posted Nov 20 2012, 06:54

I just sent paperwork into the bank this week to get approved for a short sale on my house in Montana. I have had renters in the house for 2 years and they are very interested in buying the house. When should I notify the bank that I have renters that want to purchase the house- immediately or wait until the bank contacts me about the house? I'm just not clear what the best decision is here and I want it to go as smoothly as possible. There is no arm's length conflict as far as I am aware.

Thanks so much for any help!

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