 Articles tagged: Real estate short sale
<< previous page 1 next page>> written by Carol Freyer
A short sale can do much less damage to one's credit rating than an actual foreclosure can. This is a huge benefit for sellers because the black mark of a foreclosure can seriously affect a person's ability to rent property, obtain credit cards, or be approved for loans of any kind. written by Bryan Benson
When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due because the balance due on the loan is more than what the property will sell for. Not all lenders will accept short sales or discounted payoffs, especially if it would make more financial sense to foreclose. written by Judson Voss
Conducting a real estate short sale is all about you and the bank negotiating. Knowing that loss mitigation departments do short sales day in and day out can help you to get in the right mindset to negotiate with them. << previous page 1 next page>> |
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