Options If The Lender Rejects A Short Sale If you are running through financial crises and unable to pay the mortgage, there are two options available. First, the short sale and second is foreclosure. Foreclosure is really hard to go with, but a short sale little bit...
How Banks Evaluate Home When Approving A Short Sale? Banks want to understand two things when accepting lesser amount than owed on the property. First, they want to make sure they are being taken advantage and the second, they want to know what they could sell the...
The approval and rejection of short sale proposal mainly depends on the level of hardship letter. A perfectly written hardship letter can help get short sale approved. Hardship letter along other documents is required to be submitted to the bank. In Short Sale...
Misconceptions about a Short Sale There are a number of misconceptions about a short sale in the real estate industry. There is no doubt the short sale is not an easy task to do, it requires a lot of experience and skills to be accomplished. Some people will tell you...
Mistakes You Need To Avoid Short sale is not a cup of tea for everyone. You need a lot of experience and skills to close a short sale. If you don’t have the required knowledge you may not be able to complete the short sale process successfully. There are a lot...
7 Ways to Earn Buying a Short Sale Real estate is an evolving industry and offers a number of options to make huge profits. Investing in a short sale home for is a lucrative option for the investors. They purchase short sale home to earn bigger profits after making...