On No, don’t tell me you have other liens on your short sale property
Posted on March 2, 2009
Filed Under Loans |
Are you thinking about a short-sale on your property? I learned a very valuable lesson last week on a short sale listing. I was having a conversation with a title company; and the Escrow Officer reminded me that I should order an O & E (Owner’s and Encumbrances) on my short sale listing. I did so, and surprise ……… there were two extra liens on the property; two judgements. The seller is diligently working to see if he can negotiate to get these liens released; but he’s not sure h
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