short sale

Guest

ok, i just broke it off with my x and we own a house together. here is the deal he is trying to sell the house short sale. Can he do that without me signing anything?

smithsussane · Posted: Wed Nov 18, 2009 8:00 pm Post subject:

Hi Felicia!

Welcome to forums!

If your name is mentioned on the property deed, then he cannot simply go ahead with the short sale process. When the property is transferred to the lender, your signatures would also be required.

Feel free to ask if you've further queries.

Sussane

gmakerley · Posted: Sat Nov 21, 2009 1:18 pm Post subject:

property is not "transferred to the lender" in a short sale.

all owners must participate in a sale of property.

snvservices · Joined: 20 Nov 2009 Posts: 17 3.29 Dollars($)

Hi,

I amactually somewhere getting confused in what is right as, is it right to trasfered it to the lender or it can be done by providing your signatures, as I have heard of second thing and it will be helpful for me if you let me know about this.

Thanks!

adonis · Posted: Wed Nov 25, 2009 10:40 pm Post subject:

Hi snvservices,

As George has said, the property is not transferred to the lender in case of a short sale. As far as signatures are concerned, you will have to sign the property deed and transfer ownership when you're selling off the property.

Guest

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gmakerley · Posted: Fri Feb 12, 2010 9:34 pm Post subject:

trackback that comment, as parenthetical as it was, makes no sense. what are you driving at?

snv i would have thought you had some expertise in this matter...what's up with your question?

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