Legal Question in Real Estate Law in New York

Under certain circumstances the answer is Yes. A cousin or uncle might be preferred as opposed to a wife, brother or parent. However, some banks will consent to a short sale to a closes family member as long as you are not on the deed. Usually a short sale is supposed to be an arm's length transaction, meaning to an unrelated individual, but as I said above, I have communicated with banks willing to accept family members as short sale purchasers.