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I just thought I would post an update from my previous post. I've been in contact with our local MLS here in the Washington, DC area (MRIS) and they agree that once the seller(s) in a short sale sign an offer and the offer has been submitted to the Bank, It's a Ratified Contract with a Third Par...
I think most Realtors are now dealing with "short sales" in some form or fashion today. I'm dealing with a major frustations with the correct reporting of "status" and wanted to get some opinions. My feelings are that the "third party approval" required on short sales is a "contingency". My bro...