Home Buying in 02343>Question Details

Joe, Home Buyer in Boston, MA

will a mortgage company consider a short sale to an ex spouse with the same last name?

Asked by Joe, Boston, MA Sun Nov 23, 2008

i got divorced four years ago and would like to purchase a short sale owned by my ex wife

Help the community by answering this question:

Answers

3
My experience is that you must sign an affidavit that says you have no relationship with the seller, and both agents must sign an affidavit to that affect, as well. She will have to list it with an agent, and show that she tried to get offers from other people, too.

I don't think it will get approved being sold to you.. but you can try.
0 votes Thank Flag Link Sun Nov 23, 2008
Is the spouse on the current mortgage? Will you receive cash proceeds from the sale? Do you qualify for a short sale? If it is a ligitimate transaction, there is a good chance it will be approved. But your lender will check this out thoruoughly.
0 votes Thank Flag Link Sun Nov 23, 2008
The Hagley G…, Real Estate Pro in Pleasanton, CA
MVP'08
Contact
is the spouse on the current mortgage?
0 votes Thank Flag Link Sun Nov 23, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer