I had the owners quitclaim the property to me and now it looks like the short sale is not going to close. If I don’t do anything and the property goes to foreclosure do I have anything to worrier about? My only other thought is to quitclaim it back to them. any in put would be great. :banghead
what is your exist strategy? also were you able to negotiate a discount?
to answer your question you shouldn’t have any trouble since the house is already in foreclosure. you don’t have to worry about the loan being accelerated.