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Short Sales in MD. .Why are the BANKS accepting them?

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Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

 

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Short Sales for MD
Why would your lender accept it. .

The current economic bailouts that were give to lending institutions have made short sale deals more attractive to banks.
Why?
As you know. approving a short sale transaction, lending institutions end up losing a lot of money while the homeowner essentially is forgiven  of the debt and the buyer gets a great deal.

However, the money lost through a short sale to the lender is much less than if they allowed the home to go into foreclosure.

What the bailout did for all homeowners in trouble is to provide the banks some cushion for all these losses. 

Another fact into effect. .all lenders want to do everything possible to prevent foreclosure. . but, just because they are willing to accept a short sale, you are still required to qualify for a short sale

For a free direct consultation and see if can qualify, call me at 240-426-5754

Not ready to call yet?

then

To find out if a short sale is an option for you. ..click here

More information about SHORT SALES IN MARYLAND HERE
Fernando Herboso
Herboso & Associates
Realtor/Consultants
Key Realty Group LLC
Cell: (240)426-5754
www.ReallyNiceHomes.com
Click to Talk to Fernando Herboso!
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