Exactly. We basically gophers for a large private investor group. They give us a Proof of Funds letter to send in with the Short Sale Package. Because we have a legal business arrangement, I able to purchase Nike Parka Jacket Womens
IMO (and Im a rookie): There is a good Nike Sports Bra White And Gold chance that in the near future attorneys (representing sellers) will begin going after realtors that "facilitated" double closings because they (sellers) will realize they they are on the hook for the bank loss including the "profit" the investor made in the flip. If they cant qualify for debt relief, they will be at odds with the IRS and they will do the same thing as many people that bought homes they couldnt afford and cry "no one told me".
Full disclosure must be given to all parties.
to a buyer I have lined up with his/her financing in place. The private money is paid back from the proceeds of the second sale, and the rest minus their 1% + $300 fee is yours. You negotiate both transactions.
SHORT SALE DOUBLE CLOSE
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