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Depends on how it is used. Some people have started companies that claim they can negotiate special or better deals with your lender, in return for a fee. Beware, these companies are rarely reputable and at some point in hindsight may be deemed criminal. Your lender will assign a negotiator to work on the short sale offers as they come in. This person is in charge of making sure offers meet the banks criteria.
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What is a short sale in real estate?
A short sale is a sale in real estate, in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens' full amounts and where the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.
What is a realestate short sale?
A real estate short sale is where property is sold less than market value in an effort to recover monies owed from the borrower's mortgage.
What is the advantage of having a real estate short sale?
The advantage of having a real estate short sale is that the seller avoids a foreclosure, does not take a toll on one's credit rating or FICO number. The buyer moves into a new home at a big discount, the lenders also dont have to take part in a long, drawn out sale process.
Can a real estate broker refuse to pay an agent's commission?
A short sale is a process by which a homeowner who cannot keep up with mortgage payments may avoid a foreclosure. In a short sale, the homeowner allows his lender to market and sell the home.
Can you buy a real estate property that has a sale pending?
No. A sale pending implies that the property is under a binding contract.
What does ssa stand for in real estate listings?
Short Sale Advisory ~ or Short Sale Addendum
What is a short sale in real estate?
A short sale is a sale in real estate, in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens' full amounts and where the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.
What is a realestate short sale?
A real estate short sale is where property is sold less than market value in an effort to recover monies owed from the borrower's mortgage.
What do you do if a bank refuses a short sale offer?
If a bank refuses a short sale offer, you can only make a new offer to the bank. Your real estate agent will be able to give more details about the short sale process.
In what section of The Des Moines Register are real estate listings printed?
The Des Moines Register real estate listings are printed in the classified section under real estate. Real estate listings include homes for sale, condos, foreclosures, real estate auctions, land for sale, businesses for sale and other real estate classifieds.
Where can I view real estate for sale in Tulsa online?
There are multiple online websites and channels that show real estate for sale. You can also locate realtors in Tulsa and check theire websites for real estate for sale.
What is the advantage of having a real estate short sale?
The advantage of having a real estate short sale is that the seller avoids a foreclosure, does not take a toll on one's credit rating or FICO number. The buyer moves into a new home at a big discount, the lenders also dont have to take part in a long, drawn out sale process.
How does one find homes for sale in Fresno?
One can find homes for sale in Fresno by checking on the different real estate companies such as the following; Fresno Real Estate and Homes for Sale in trulia, Fresno Real Estate in Zillow, and Fresno Real Estate in Realtor site.
What is an estate sale of real estate?
An estate in this sense refers to the real estate owned by a decedent at the time of their death. The purpose of an estate sale is to sell the property of a decedent so the proceeds can be distributed to the heirs. After an owner of real estate has died, their estate must be probated so the real estate can be sold. The sale must be handled by an estate representative duly appointed by the probate court and that representative must have the proper authority to sell the property. An estate sale of real estate would be a sale of the real property owned by the decedent.
What is the real estate definition for an estate sale?
An estate sale is a type of sale or auction to dispose of the majority of the materials owned by a person who is deceased or will be moving.
Where can a Canadian find real estate for sale in Australia?
A Canadian can find real estate for sale online at a website, Luxury Portfolio, which offers information on luxurious real estate which is available for purchase.
How does real estate apply in real estate?
If you want to apply for real estate in Juhu, 4 bhk flat for sale in juhu
