sellers: Is your Seller a Candidate for a Short Sale?
- 09/10/07 08:17 AM
What a question to ask. Of course they are, right? You may want to consider the following questions before making the final decision. Does the seller owe more on their home than the current market will bring? Is there a pre-payment penalty on one or both of the payoffs that will add a substantial amount to the bottom line? Does the seller have a valid hardship for why they cannot make their monthly mortgage payments? If the answers are yes, then you most likely have a good candidate for a short sale. Look further into the situation and you may find the following: There are … (7 comments)
What a question to ask. Of course they are, right? ;)
;)
