SHORT SALE Q & A
Q. If the buyer and seller execute a contract with the short sale addendum. Can the seller back out because they don’t agree with the terms on the lenders side. For example if the lender is making the seller pay the difference over a 10 year period and the seller doesn’t agree can they seller cancel the contract?
I have the answer but would like open discussion…Please respond, make comments, don’t worry about being wrong just open for discussion.