If Short Sale Is Rejected?

Newbie here, I need some advice on a deal I am trying to work. If I submit a short sale package to WAMU and it is denied, would I trigger some red flags if I then try and do a subject to with it? Any advice would be appreciated.
Thank you, :-?

Comments(1)

  • TheShortSalePro17th November, 2004

    The mortgagee might be curious to know where the mortgagor got $$$ to cure the default... and then pat themselves on the back for working thru another preforeclosure and curing a default.

    Just make sure that the mortgagee will, in fact, permit the reinstatement of the loan before you send them a nickel... cause they might well just keep it.
    [addsig]

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