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Updated over 16 years ago on . Most recent reply

User Stats

480
Posts
26
Votes
Anthony Sulecki
  • Real Estate Investor
  • Millsboro, DE
26
Votes |
480
Posts

Seller Has No Info Required By Bank

Anthony Sulecki
  • Real Estate Investor
  • Millsboro, DE
Posted

So Im in the middle of my first solo shortsale. As you guys know, the bank requires w-2's, and all kinds of other income info from the seller. Well, the seller has nothing. She has no banks accounts, has no recent w-2's. The place is abandoned, and it will definately foreclose, if they dont short.

I havent called the bank back yet, and was wondering if anyone has come across a situation like this, and what the outcome was.

There is probably 50K involved total, so Id like to make this work.

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