Short Sale
Hello all
The bank says that the subject property must be listed before they consider a short sale. I had the owner sign a sales contract ..so who signs the listing agreement? Me or the seller? What did we accomplish by signing and accepting a sales contract? Is the property still the owners.. who is in default? Who owns the property after all these documents are signed? Do I own the mortgage only or nothing at all? Please help me out with this. I need to get this clear in my mind. Thanks...
Thanks to all you pros..I quess the question is simply to difficult.