You can't list the property with or sell it to anyone that you are related to or have a close personal or business relationship with. In legal language, it must be an "arm's length transaction. You may not have any agreements to receive a portion of the commission or the sales price after closing. Depending on who owns your loan, the purchaser may not sell the property for any sales price within 30 days after the short sale settlement date. For the period between 31 and 90 calendar days from the date of the short sale settlement date, the purchaser is prohibited from selling the property for a gross sales price greater than 120% of the short sale price. The prohibitions described above must be included in the sales contract and deed conveying the property to the purchaser.
Property Type :
Single Family
Subdivision :
Crestview Hills
County :
Spartanburg
Style :
Single Family
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Information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers my be interested in purchasing, the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may at is discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
ByOwner last updated this listing 05/03/2024 @ 11:50
MLS: 1524414
LISTED BY: W. Elizabeth Willingham, Agape Real Estate Solutions
SOURCE: Greenville South Carolina SC
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
