Posted by: Kathy
06/14/2005, 14:21:34
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All you need to do is your due diligence. Have the daughter sign an authorization release form to deal with you. Unless she's not on the loan. Then they possibly won't accept. Unless she has pwa over business matters. Unless they can document by previous notes that they we're given permission to speak to her prior to death. They have to document everything in their notes. However, make sure you do the due diligence with title,ltv, check that market for selling trends.
If your looking for a short sale. You need to have details prepared to give the bank...ie repairs,estimates of repairs. Give them pictures if the repairs are extensive. The more information they have from you the better your chances of a short sale. Good Luck! Jewels63366@yahoo.com
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