Can anyone tell me what happens if I get the deed will the bank then negotiate a shortsale faster.
Thanks in advance! ???
No, getting the deed helps in a simultaneous close to show your ownership of the property at closing when you flip the property to someone else. You can’t sell a property you don’t own so to keep everything legal, having the deed in your name shows your ownership of the property and gives you the right to sell the property to whomever you choose. Getting the Deed is basically the beginning of your exit strategy.