Contributor
MyFico_704
Posts: 93
Registered: ‎06-26-2009
Re: CH 7 BK> Short Sale = deficiency liability?

Understood points 1 & 2.

 

Think you've already answered my question on a different post.. Regarding - Arms Length Rule; are there absolutely no exceptions to selling to a relative?  I've made an earnest effort in trying to sell via regular P&S but the appraisal did not come in and deal went dead.  appraisal 105k; loan balance 130k.