SS With Money To Home Owner?

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Everything I have learned states that the homeowner can NOT make any profits from the short sale. So how can one legally give money to a home owner for "moving" expenses....

Currently have possible SS with ~10k in equity, no job, 3mos in arrears, wants to leave to another state. If not sell he will claim bancruptcy and run. Wants 2k for "moving" on.....

ideas on funding the owner with some "walk" money on a ss....

Comments(2)

  • kiyuki19th May, 2005

    Ruman,

    I can not get agents to even bother with reo type of properties, I want to buy them but they just want to sell me a new house. I am so discouraged that I am working on getting a Real Estate license. Any tips on how to get an agent to work with me on these types of properties? Thanks, kiyuki

  • Eric519th May, 2005

    It doesnt sound like he is talking about the REOs you mentioned. Chase is talking about marketing to preforeclosures and then selling them as a realtor with a short sale if I am not mistaken.

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