SOCIAL: short sale

[Amandeep Jawa]

Hmmm - here are 2 NPR episodes on short sales - but they seem to being promoted by the Obama administration:
(so probably not illegal :-) )

http://www.npr.org/templates/story/story.php?storyId=124850418
http://www.npr.org/templates/story/story.php?storyId=125518608



On Jun 23, 2010, at 4:48 PM, Amy Muller wrote:

> Are you talking about real estate? If so, I *just* heard this question asked on NPR the other day. Short sale of a property to a family member or friend is illegal. :(
> 
> On Wed, Jun 23, 2010 at 3:31 PM, palak joshi <palak.joshi at gmail.com> wrote:
> Dear Social,
> Does anyone understand short sale and can explain me into layman terms?
> Are there pros and cons you can list of being a buyer in the short sale to help a family member out?
> If not does anyone know anyone i can talk to?
> Thanks a lot.
> palak.
> 
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