Avoid ForeclosureThe majority of short sales originate with sellers simply trying to Avoid Foreclosure after finding themselves owing more than their home is currently worth after all the costs are totaled.
Short Sale PropertyShort Sale Properties are not automatic bargains and buyers should make sure the price paid is comparable to similar homes including the cost of renovations and the time it takes to complete them.
Short Sale A real estate Short Sale occurs when a mortgage lender agrees to accept a payoff of less than the balance due on a loan and the lender agrees to sell the property at a loss.
- Will You Still Owe Money After a Short Sale Many homeowners are surprised when they find out they can still owe money to the bank after a real estate short sale if the agreed upon price ...
- Financial Hardship Status A short sale happens when a lender is shorted on a mortgage, this means that the lending bank accepts a sales price that is less than the total ...
- Short Sale Benefits Most home owners know that a short sale is far better for your credit rating than simply walking away and letting the lender foreclose on a ...
- Short Sales and Credit Scores Many homeowners today are finding themselves in a position where the value of their home has dropped to the point that it is now worth less ...
- The Home Affordable Modification Program There is no denying that the recent home mortgage foreclosure crisis has had a devastating effect on the real estate market in the United ...
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- Short Sales Cost Lenders 375 Million
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