QUESTION
We contracted to do a short sale but don't want to go thru with short sale. Can we get out of it?
Asked on Jul 03rd, 2019 on Real Estate - New York
More details to this question:
My husband filed Chapter 13 individually to stop foreclosure and contracted to do a short sale. We no longer want to go through with the short sale and we need help negotiating terms with the bank so we can stay in our home.
1 ANSWER
1 Award
A short sale contract is like any other contract. It is enforceable. If the bank is willing to do it and clear title at closing, you are going to have to do it.
Answered on Jul 04th, 2019 at 8:05 AM