How Do You Make The Offer
I have a short sale, but can I get a traditional loan or will the banks allow some creativity? If so, what else is out there to offer the banks? The owner said the lender will not allow for the mortgage to be assume.
In the majority of all mortgagee approved short sales... the Purchaser must introduce new money into the mix...
so, you, as Purchaser, should be prequalified, preapproved, &/or have an exit strategy in place before you present your Proposal to the mortgagee for consideration.