Short Sale Home » General Short Sale Info » Countrywide Short Sale Sellers Submitting Phony Purchase Offers?

Countrywide has a new short sale policy to cancel a file if changes are made. This could include mistakes Countrywide made – which unfortunately can happen quite often.

Common mistakes could include:

1) Countrywide forgetting to add back taxes to the HUD-1.
2) Countrywide listing the wrong buyer on the HUD-1.

Unfortunately even escalating files to senior management does not reinstate the file due to Countrywide’s new policy.

Apparently the new policy by Countrywide is due to some short sale sellers submitting fake short sale purchase offer to make an attempt to postpone the trustee sale. Unfortunately, due to a few shady acts, the rest of the short sale agents, sellers and buyers pay the price.

Privacy Policy     Disclosure     About     Get Listed!

Copyright © 2008-2010 Short Sales All rights reserved worldwide.
Disclaimer:
eShortSales.net does not provide any legal advice, counseling or representation to viewers of the site under any circumstances. eShortSales.net recommends checking with your local state for professional tax, accounting and real estate guidance to answer your specific short sale housing needs. The information on this site is provided for information purposes only.