Who selects the escrow and title company?
The Seller will select escrow and title company. Short-sales are very unique transactions and they must be handled by an experienced escrow officer and title company. We work with Mark Simonsen at Chicago Title, Ed Quinten at Stewart Title and Kachina Krafchow at Ticor Title. Can filing Bankruptcy affect my chances of qualifying for a short sale? We are still able to negotiate a short sale if you have already filed for Bankruptcy. However, Bankruptcy is typically used only as a last resort in a foreclosure situation. We have found that filing for bankruptcy only temporarily delays the foreclosure process and ultimately the property will be sold to satisfy debts to creditors.
