Agent2Agent in 87111 : Real Estate Advice

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Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
Do any agents have any suggestions on how to get a bank to write in language on a short sale approval that they will NOT pursue a deficiency?
A bank is unlikely to state they will not pursue a deficiency because that is a unilateral promise without consideration is therefore unenforceable. The bank cannot give the borrower a ... more
0 votes Share Flag Sun Jan 13, 2013 Agent2Agent in 87111
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