Updated about 17 years ago on . Most recent reply
Assigning a Short Sale
This is the first time I'm learning that I can actually assign a short sale. How many opportunities did a pass up because I didn't know this....alot. Anyways, here are my questions:
Background: I live in the Los Angeles area and I have realtor that could probably help me out in finding short sales.
1. If I go through my realtor and fill out a purchase contract will the bank accept ShiMere and/or assigns?
1a. If they don't accept that, what do you do?
2. Is there anymore paperwork needed than the normal purchase agreement contract with the seller and the assignment contract with the end buyer?
3. Is it really that simple?
Thanks :D



