Posted by Rich-CA on February 10, 2008 at 22:47:09:
I assume a sales contract. If that is the case, the property is no longer owned by the person who signed the sales contract and the contract is no longer valid.
MLS Listings - Posted by Milton M.
Posted by Milton M. on February 10, 2008 at 09:24:40:
If a client has a contract w/an agent and the house becomes an REO, is the contract still valid?
Re: MLS Listings - Posted by Natalie-VA
Posted by Natalie-VA on February 11, 2008 at 05:53:19:
It sound like you’re referring to a listing agreement. I would say “no”, that agreement is no longer valid once the lender takes title.
–Natalie