STEPS TO DOING A SHORT SALE - 08/22/07 11:15 AM
STEPS IN SHORT SALES A short sale is another twist on a subject to transaction.  However, instead of bringing the existing financing current and leaving it in place, the goal is to negotiate a discounted pay off with the lender.  A "short sale" involves four basic steps.
            1.         Gaining Control of Title; Authorization to Release Information.  One of the most important steps in the short sales process is getting the deed. Without the deed, the homeowner can back out of the potential short sale even after you have spent hours working on their property. When the homeowner signs the deed over … (3 comments)

 

Michael Hamar

Norfolk, VA

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Michael B. Hamar, P.C.

Office Phone: (757) 622-2008

Cell Phone: (757) 717-6664

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