I did the short sale of my house 3yrs ago now they selling this house can my son buy this house back?
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I did the short sale of my house 3yrs ago now they selling this house can my son buy this house back?
I did the short sale of my house 3 yrs ago
somebody bought it now hes selling the house
is it possible that my son can buy this coz he
likes the location, am I gonna be in trouble?
Asked on April 20, 2018 under Real Estate Law, Washington
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 5 years ago | Contributor
If we understand your question properly, you short sold the house to some unrelated person or third party. If so, then so long as the transaction was an "arms length" one with no collusion between you and the buyer, then you--and your short sale--have nothing to do with any subsequent sale by the person who bought from you, and he can sell to anyone he wants, including your son. You have no liability or risk for what an independent person does.
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