Consideration Fee In Short Sale

spoocrew profile photo

I would like to know if it is legal and/or ethical

to give the homeowner any money or consideration fee for helping them with a short sale....how and when do I do this legally?

Comments(2)

  • cjmazur12th July, 2007

    but I have run into the fact that people are really uptight on signing agreements and NDA.

    Maybe I just need to learn to stand my ground more firmly.

  • bargain7612th July, 2007

    The initial, signed agreement only needs to be good enough to cloud the title to thwart other investors from poaching on your territory.

    You can always perfect it later.
    [addsig]

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