Short Sale: Nationstar and Auction.com
Hello BP
I opened escrow on a short sale in Memphis TN a few weeks ago. Today, I get a call from the seller's agent stating that the primary loan holder, Nationstar, are requiring that this house be put up for auction to "validate" the purchase price.
I did a little research into this relationship and although it seems shady as hell, I'm not really sure what options I have.
Does anyone have any experience with Nationstar short sales and the Auction.com process?