Posted on January 16, 2009 - by admin
How does Title pass on a “Short Sale” on Florida real estate?
Big Sista asked:
Does it require a lawyer…?
Does it require a lawyer…?
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January 19, 2009
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Title transfer on a short sale is the same as any other sale. The only difference in a short sale is the lender has to approve of the sale. Once the lender approves the sale, a normal transfer takes place.
I saw this great article on short sales here
Hope this helps.
Elliot Lau, Realtor of 22 years.