Legal Question in Real Estate Law in Florida
If I have a contract on a short sale home, would that be null and void if the servicing rights to the loan were transferred before the closing date?
Asked on 12/23/11, 10:17 pm
1 Answer from Attorneys
Stephen Orchard
Law Offices of Stephen Orchard
Most short sale contracts contain contingencies only for approval within a certain timeframe regardless of who the servicer is, so it's likely that this event by itself did not void your contract.
Answered on 12/27/11, 9:11 am
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