what is a short sale: 5 Reasons Why the Short Sale Seller Still Cares About the Price - 12/04/11 01:18 PM
5 Reasons Why the Short Sale Seller Still Cares About the PriceThere is something about a short sale that makes some buyers think that the short sale seller is somewhat of a non-entity, a mere speed bump in front of their negotiations with the bank. But, that is not truly the case, the short sale seller is still the record owner and has their own concerns when considering the amount offered for their home. A short sale is not simply a foreclosure with a twist. Nonetheless, I’ve heard the following statements time and time again from potential short sale buyers: (73 comments)
what is a short sale: What is a Short Sale? - 06/29/11 12:36 PM
What is a Short Sale?It seems that everyone is talking about short sales these days. But, what is a short sale? Simply put, a short sale allows you to sell your home for less than what you owe. It is an agreement between you and your lender that the home can be sold without the entire balance of the loan being repaid at the time of sale. The devil, of course, is in the details. A full waiver and release from the entire debt is the real goal of a short sale negotiation. Each short sale must be negotiated to (7 comments)
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