Short sale

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Short sale

How do I get my mortgage company to agree to a final home sale, in a short sale?

Asked on June 6, 2009 under Real Estate Law, Minnesota

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

Ahh, you have a situation that many people find themselves in.  Your mortgage company doesn't have to agree to it.  So, what you can try is to get your state's Banking Department involved.  File a complaint or inquiry and see what happens. 

http://www.state.mn.us/portal/mn/jsp/content.do?subchannel=-536881744&id=-536881351&agency=Commerce

 

You may wish to also consult with a real estate attorney at www.attorneypages.com and check his or her record at the Minnesota State Bar.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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