Posted by Larry on July 30, 2003 at 12:44:24:
You provided little information to go on but I will do my best. It all depends on the bank you are woking with and there willingness to work with you. I have worked on a short sale the week before the auction (Washington Mutual) is to take place and I have had instances where they would not accept a short sale no less than 30 days before the auction (Countrywide)is to take place. I am in Texas so are rules and regulations towards a short sale might be different than where you are at but in Texas postings are done 21 days before the auction date which takes place the first Tuesday of each month.
So to answer your question, yes you should be able to do a short sale once the attorney has stepped into the picture. Now I say this because we can do this in Texas and I do not see why you should not be able to do this where you are at.