A short sale is selling a property for less than what is owed on the mortgage. The final process agreed is what the buyer is willing to pay for the ...
Read more..In a short sale, after you make an offer a bank will not be contacting you since you'll have a real estate agent. In a short sale, the lenders will ...
Read more..Although some of your initial offers will be accepted, you need to be prepared that the lender may reject your offer. But just because the first offer is dead, doesn't ...
Read more..Hopefully the short sale package has been submitted to the lender, with documentation of the inability of the homeowner to make their mortgage payments. The lender should receive a clear ...
Read more..The only way to determine the amount of the offer is to look at the FMV (Fair Market Value) for a home, area and neighborhood, including the square footage and ...
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Short Sale Sellers