Loan Modification Forum - LoanSafe.org - View Single Post - Bank of America

patrick101 · 07-16-2009, 03:51 PM

Hi,

We're in the process of short sale of our home in CA and our loans (1st & 2nd) are non-recourse. My question is can a short sale be closed/completed without my signature? Can we still back out of the short sale deal? If we cancel during this process can my realtor or the buyer sue us?

Thanks.

07-16-2009, 03:51 PM	#69 (permalink)
patrick101 Member Join Date: Oct 2008 Posts: 8 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Bank of America - Short sale with collectible Debt Hi, We're in the process of short sale of our home in CA and our loans (1st & 2nd) are non-recourse. My question is can a short sale be closed/completed without my signature? Can we still back out of the short sale deal? If we cancel during this process can my realtor or the buyer sue us? Thanks.