Home     Law Advice     Insurance Advice     Community    
Go Back   FreeAdvice Legal Forum > REAL ESTATE LAW > Mortgages, Refinancing & Foreclosure
Reload this Page short sale ???

Powered by Attorney Pages


  Find An Attorney In Your Area    
 

Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 06-29-2007, 10:31 AM
Junior Member
  
Join Date: Jun 2007
Posts: 5
Question

short sale ???

What is the name of your state? wi
Can you force a forclosure by offering a short sale?
  #2  
Old 06-29-2007, 11:50 AM
Senior Member
  
Join Date: Oct 2006
Posts: 1,125
You can not FORCE a short sale, either the financial institute accepts one or they will not.

If this question concerns your previous posts then remember this house is tied up in a BK right now and you have to wait out the processes or work with the mortgage holder to "get your ducks in a row".
  #3  
Old 06-29-2007, 11:57 AM
Junior Member
  
Join Date: Jun 2007
Posts: 5
This is in regard to my last post. I am sorry I am very new to this and am really in the process of learning everything I can. I guess my question is this correct. He filed for BK the house is still listed. I still have the ability to put an offer in. They can accept or not...? Now some sites have said it is in pre-foreclosure. Some do not have it listed at all. And can a house still be sold if the owner filed for BK. The bank now has the right to say yes or no correct? I can wait or I can not but want to know if I am doing this correct. I am getting the financing done as we speak so I know what I can aford on a house. I am doing the title search myself at this time but will have a title company do it as well so it can then roll into the mortgage. If it goes to auction I need the 10% that day and then paid in 10 days or I lose my down payment.
Reply

« Previous Thread | Next Thread »


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Linear Mode Linear Mode
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

All times are GMT -5. The time now is 01:11 AM.

Contact Us - FreeAdvice - Archive - Privacy Statement - Top

IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.
FreeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.