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short sale: Q&A - Selling My Short Sale Home - 05/24/11 11:01 AM
Question: If I’m short selling my home, does it matter what it looks like? Besides, I won’t get any cash when it sells. Why does it matter?
Answer: YES, it matters! Short sales are harder to get to closing so your home needs to look good enough to entice buyers. If the option of the buyer is a foreclosure that has already been painted and vacated or a short sale that looks like it has not been maintained, the seller will go for the foreclosure.
But if your home looks like you care for it, then the chances of receiving … (1 comments)
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short sale: "Is that Short Sale Price Legit?" - 02/28/09 03:06 PM
I've been keeping my eye on a specific Short Sale for $99K on Lake Land'or.
(If you need a review on Short Sales, click here.)
Every day I receive an updated list of homes that are for sale in Caroline County - new homes and price changes. Some days I'm shocked by the price of a home. Sometimes the price is so high that I wonder what the agent and sellers are thinking. Other times, the price is so low that I can't imagine the bank accepting the price. When it comes to "Short Sales" often the price is all over … (0 comments)
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short sale: Short Sale - What all Do I have to Do? - 05/02/08 11:10 PM
If you are having trouble selling your home, you may be considering a Short Sale. A short sale is when you list your home for less than what you owe the mortgage company.
If you are considering this option, here is a list of items that you will most likely be asked to provide to the mortgage company:
3 month of Home Expenses (you could make a chart from Quicken or Microsoft Money) 2 or 3 of your latest pay stubs - to show that you still have a job A Hardship letter explaining why you cannot make your payments - what has … (0 comments)
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