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#448801 - 11/10/15 04:54 PM Frustrated over short sale
DJM Offline
Member

Registered: 07/21/14
Posts: 43
Loc: Massachusetts, USA
Hi all, has anyone ever have a short sale whereby one of the sellers (divorced couple) decided to fly the coop and just not cooperate anymore without submitting paperwork to the bank for approval? Doesn't respond to any communication from anyone, (attorney, agents, ex-husband, etc) decided to just walk away.

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#448807 - 11/11/15 01:22 AM Re: Frustrated over short sale [Re: DJM]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7870
Loc: Vermont's North-East Kingdom
I have had at least one similar; but I don't recall ever getting to a Closing.

The odds are long with estranged couples, and they're long on shorts . . . . combine the two and they're next to impossible.

The spouses are probably both in denial and blaming one another for the predicament that they're in; thinking that they can punish the other by not cooperating.

They're headed to Foreclosure . . . . this will just accelerate the process.

Some situations are just not worth investing your time !

You only live about 29,000 days; so you can't spend many on these.

Good Luck !
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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