is there any law that states a bank cant short sale a property to a family member?


Posted January 14th, 2009 by admin 9 Comments »
family law
finallyfree asked:


A friend’s home is in jeopardy of foreclosure and he is trying to divorce his wife who lives in the home. Their daughter wants to purchase the home through short sale but Bank of America told her it cant be short sale to a family member. Is that just a company policy or a law and is there a way around it?