~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Getting your ducks in a row.....  

The theory goes that if you get the ducks all lined up in a row, they are easier to shoot.  Who the heck would shoot rubber duckies anyway?

Sometimes the shorting lender (the lender who lent to the seller, and is accepting a short payment) will not allow you to resell the house immediately, and in fact will insert a clause in the P&S stating you must hold the property for at least 90 days. 

Sometimes the end buyer's lender will require that you hold the property for 7 days, or 30 days, or whatever, to provide "seller seasoning".   

But the biggest vortex in the bathtub (I'm going with it, remember?) is the title company writing title insurance for the end buyer's lender.  If they won't insure title, the whole thing goes down the drain. 

Duck #1 - Disclose to the seller (and therefore the shorting lender) IN WRITING, IN THE OFFER TO PURCHASE that you are selling the property to a third party, expect to make a substantial profit, and expect to close both transactions simultaneously.  

Duck #2 - Disclose to the end buyer that you are negotiating a short sale for the current seller's benefit and expect to close both transactions simultaneously. 

Duck #3- If possible, your end buyer should be using a lender who does not typically have seller seasoning requirements. (If they do have seller seasoning requirements, we can sometimes work through that.)