Let me put it this way: you are putting yourself into a awkward situation. As I mentioned before, you should only sign one contract, which is between you and the owner - although it still needs to be approved by the bank. Other than that, it is the owner (and his agent, his attorney) who should be dealing with the bank, not you.
Everything comes down to one issue: who is responsible for what. You and the seller signed the contract, the bank did not. They can ask for $30,000, they can change their mind and simply decide not to release the title at all. Nothing is binding for them!
This is a risk one has to take with short sales, but the owner (seller) should be the one handling that, not you.
Therefore, you can add $30000 to your sale price, and let the seller work it out with the 2nd bank. I am surprised that the agent (though a dual agent) asked you to do it!
Everything comes down to one issue: who is responsible for what. You and the seller signed the contract, the bank did not. They can ask for $30,000, they can change their mind and simply decide not to release the title at all. Nothing is binding for them!
This is a risk one has to take with short sales, but the owner (seller) should be the one handling that, not you.
Therefore, you can add $30000 to your sale price, and let the seller work it out with the 2nd bank. I am surprised that the agent (though a dual agent) asked you to do it!
選擇“Disable on www.wenxuecity.com”
選擇“don't run on pages on this domain”
