Posted on: 10th Jun, 2013 11:45 pm
Hello there… I want to quitclaim the condo back to my son which I bought from him through short sale. How long do I need to wait?
This is completely a mortgage fraud! First and foremost, you cannot buy a short sale property from someone with whom you have blood relation. At the time of signing the documents, you must have declared that you do not have any blood relations with the seller. It will be better if you could avoid transferring back the property.
Welcome Guest,
I agree with what Niicss has said. You should even check out the opinion of an attorney in this regard.
I agree with what Niicss has said. You should even check out the opinion of an attorney in this regard.