Purchase Legally A Short Sales
Is It Possible to Buy a short sale from a family member with a different last name then mines & purchase it in a Delaware LLC ?
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Joel Bongco
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Aloha @Bobby Williams - its illegal to buy a short sale property from another family member. Part of a lenders Short Sale package, is a Short Sale Arm's Length Affidavit which is signed by the seller stating that they are NOT related to the buyer. Signing it knowingly and selling their short sale property to a family member is Mortgage Fraud. HTHS! Joel
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