In California is it possible to short sale and double close on a house. I am already negotiating with the bank it looks like they will work with us , the buyer and seller are okay with everything and the buyer is approved with FHA financing…can this be done. If so what is the best way to go about this or please provide an alternative method. thanks.
Yes, It can be done and it a great way of closing the transaction. I usually recommend using the option contract to double close properties but if your buyer is FHA then you will want to use a Land trust to avoid title seasonig. I hope this helps!!