The Short Sale That Got Away

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Short Sale Realtor Mistakes. At the moment there is a bank owned unit for $59,900 that is under agreement in better shape, a short sale that has been on the market for close to a year at $85,000 and another that was recently taken off the market for $75,000 that was also on for close to a year.

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If you got this far in reading, I thank you and am confirming that we are doing short sales in real estate deals – but NOT your typical SFHs at 81% of the BPO. We leave these for the retail buyers while we circle in the water waiting for these very failed short sale deals to become REOs.

The case certainly could be made that Los Angeles was gaining momentum by that point, knowing Sale’s night was likely to be a.

Buying a Home after a Short Sale – Don’t Believe the Naysayers I’ve written on this subject before but I want to be more thorough this time. There have been too many articles put out lately that discourage people from contemplating a home purchase after doing a short sale .

Once a short sale transaction closes, the debt is settled and the seller is off the hook for the difference. A short sale has less impact on the seller’s credit score than a foreclosure.

A short sale is an alternative to foreclosure when a homeowner needs to sell. you should deduct out what you would pay in real estate commissions, It can take several weeks, or even months, to get a short sale approved.

A mortgage short sale is the sale of a property by a financially distressed borrower for less than the outstanding mortgage balance due where the proceeds from the sale will be used to repay the.

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