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From: keAPsGlu
Date: 27 Apr 2012
Time: 18:40:33 -0700
Remote Name: 188.143.232.12
Andrew,That is a very good question. The anewsr to your question depends on whether the final short sale approval is left with the seller being responsible for deficient balance of the loan. In other words, the seller does not “immediately” come out of pocket with any funds to start the process and the realtor fees are paid by the seller’s mortgage company. However, if the short sale approval has a deficiency clause attached, where the seller is held responsible for the remainder of the balance, then the seller is “paying” for the realtor’s fees, the deficient balance and anything else that seller’s mortgage company had to pay for. I hope I have anewsred your question adequately.