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real estate agents/brokers please help?

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real estate listing broker has to disclose if house for sale is short sale?

5 months ago - 4 answers

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Chosen by Asker

Yes, it has to be listed that way in the MLS and fully disclosed to any buyers.

by Landlord

5 months ago

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Other Answers

You answered your own question. Yes an agent must disclose short sales. realtor.sailor

by realtor.sailor- 5 months ago

yes, the real estate listing must state this in clear terms. it will often be in bold right at the top of the listing.

by infinite crisis 247- 5 months ago

No No. Not necessarily. First of all if a seller has cash to bring to closing then no lender approval is needed. In these cases the listing does not need to make any reference to short sale. If lender approval is required then yes listing should include a reference. Note it may not be visible to the public, but only those who have access to mls. It is not required but certainly good practice.

by David Z- 5 months ago