Thanks. It was on MLS and then dissappared some time back so I stopped thinking about it. I had been asking my agent to dig to find out why and after all this time it looks like it is now going into foreclosure. We did contact the selling agent and they are contacting the bank, but I wanted to know how to go about all this.
If the foreclosure process is not done yet, then it is a short sale offer and I know the pains related to that. If it is in foreclosure, that is where I am more at a loss as to what I can do and how I should do it.
I don’t want to cut my agent out of any possible commission even with a foreclosure, but don’t know how that works. If the bank won’t pay her commission from the proceeds, then I would have to write her a six figure check myself?
