What is a real estate short sale in Boise? A quick sale in real estate, also commonly called a short sale, happens when a lender is willing to accept a lower pay off on a loan than what is currently owed due to the borrowers inability to continue making payments. What does it take to qualify for a Boise Short sale? While lenders seem to be easier to work with lately regarding qualifications, there are usually three borrower qualifications that most lenders require for a Boise short sale. Negative Equity - The proceeds from the sale (0 comments)
boise short sale: Beware of Boise Short Sale Specialists
- 12/12/11 10:04 AM
Beware of Short Sale Specialists and Loan Modification Specialists in Boise and probably everywhere else. As time goes on there have been more and more Realtors® advertising themselves as Boise Short Sale Specialist. I just got done researching on the MLS. Something that is easy for any Realtor to do. I have written about this several times in several places. I think this is a Realtor ethics problem. Many of these "certifications" are a few hour courses. Some are sponsored by banks. First of all, in any profession to call oneself a "Specialist" implies that is all you do. (4 comments)