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	<title>Comments on: Flipping Short Sales, Tough Language and Dealing With the Impossible!</title>
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	<description>Weekly Preforeclosure Updates from Patrick Precourt</description>
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		<title>By: Noel Signey</title>
		<link>http://fridaycoffeebreak.com/topics/real-estate/questions-and-answer-from-patrick-precourt/comment-page-1/#comment-5</link>
		<dc:creator>Noel Signey</dc:creator>
		<pubDate>Sat, 28 Feb 2009 23:48:17 +0000</pubDate>
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		<description>Thanks for the great info Pat!
Can you negotiate a short sale in California
with loan that is still current but upside in equity?</description>
		<content:encoded><![CDATA[<p>Thanks for the great info Pat!<br />
Can you negotiate a short sale in California<br />
with loan that is still current but upside in equity?</p>
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		<title>By: Terry Watkins</title>
		<link>http://fridaycoffeebreak.com/topics/real-estate/questions-and-answer-from-patrick-precourt/comment-page-1/#comment-4</link>
		<dc:creator>Terry Watkins</dc:creator>
		<pubDate>Sat, 28 Feb 2009 17:16:19 +0000</pubDate>
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		<description>In reference to the person that got a short sale exceptence from GMAC but had a stipulation involving a 3rd party recording the deed prior to the intended party recording of the deed. 
Is it possible to do a &quot;cold closing&quot;? This is when for example your short sale is excepted and you have an end buyer and you close with the end buyer first then on the same day you have your closing and your money never gets used.
In a short sale, is it possible to assigned the purchase agreement to an end buyer?</description>
		<content:encoded><![CDATA[<p>In reference to the person that got a short sale exceptence from GMAC but had a stipulation involving a 3rd party recording the deed prior to the intended party recording of the deed.<br />
Is it possible to do a &#8220;cold closing&#8221;? This is when for example your short sale is excepted and you have an end buyer and you close with the end buyer first then on the same day you have your closing and your money never gets used.<br />
In a short sale, is it possible to assigned the purchase agreement to an end buyer?</p>
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