Updated over 14 years ago on . Most recent reply
How to unload a short sale deal in wholesale fashion?
I have a dilemma about a short sale deal I had. I made an offer for a short-sale house that is an attractive deal (The offer is about 35% below the current fair market value of the house) and the offer is being accepted. Originally I intended to have the house for myself but I don't need it anymore. I can just walk away but that would be a waste for the time and energy I spent. Can this kind of deal be unloaded in a wholesale? How should I draft the contract and all other papers without incurring extra commission and other costs? Any helpful hints would be greatly appreciated.