Short Sale

Posted by CAthy on November 22, 2004 at 14:04:50:

We have some land that has an old house on it that we have been trying to sell. We have now been served forclosure papers and we have someone that has offered us $25000.00. We have contacted the bank and they have requested a contract and a net sheet. What all has to go on the net sheet? I would think that the 25000.00 to them is all they need not the other fees. The 25000.00 is going to be paid to them in cash. Should anything else be on there?

Follow Ups:

• Re: Short Sale - Janie 16:53:45 11/24/04 (0)
• Re: asked/answered - njdave 08:00:18 11/23/04 (0)
• Re: Short Sale - kingston 00:31:09 11/23/04 (0)

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: We have some land that has an old house on it that we have been trying to sell. We have now been served forclosure papers and we have someone that has offered us $25000.00. We have contacted the bank and they have requested a contract and a net sheet. What all has to go on the net sheet? I would think that the 25000.00 to them is all they need not the other fees. The 25000.00 is going to be paid to them in cash. Should anything else be on there?


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