So, does a property HAVE to have been listed in order to do a SS or just be late on payments?
Also, do you have the owners sign the contract first and then call the bank to negotiate? Or do you talk to the bank and once the bank agrees, then have the owners sign?
I’m assuming if the owners sign first I put in some type of contingency like, “Sale contingent on buyers ability to negotiate purchase price of xxx with the bank.”???
Is that right?