short sale complications: Make sure the Short Sale is the end of your problem! - 04/27/09 04:34 PM
Don't let common Short Sale pitfalls come back to Haunt you! As we see more and more warnings coming out about the banks slipping some sneaky verbiage into the closing settlement and acceptance of short sales (What is a Short Sale?). Such as this article By Zach Fox - Staff Writer for North County Times: EXCLUSIVE: Lawyers say lenders set stage to collect on 'short sales' Foreclosure may be better option for some struggling homeowners. I first find it very important to note that the representative from Countrywide (now Bank of America) stated that if they are challenged on this verbiage
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short sale complications: 7 things that can make a short sale highly unlikely - 07/30/08 11:17 AM
Short sales require patience, dedication, tenacity, some skill, and some luck to successfully complete. All these factors add up to partially explain that, according to National Association of Realtors (NAR), only 1 out of every 10 short sale listings successfully close. Another main reason, that I believe short sales have become a dirty word, is that inexperienced agents are taking short sale listings that do not have a high probability of closing, and then treat it like a traditional listing. There are some things that will make a successful short sale highly unlikely, and darn near impossible to successfully complete. Unless
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