The Short Sale That Got Away

The Short Sale That Got Away

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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.

Should I Short Sell My Home? – Truths and Myths About Short. – Now that you know how a short sale works, let’s take the time to clear up a few misconceptions people have about short sales. Myth: I won’t be able to buy another home for several years after a short sale. Truth: In certain circumstances, you can get an FHA loan within three years of the short sale date.

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Will Farrell Realtor – Real Estate – When browsing "Active" property on my website, if you see in the description that it’s "Active With Contract," please understand that it’s not really active and that it does have an accepted contract on it, however it’s most likely a short sale and the seller wants to leave the property on the market for a backup offer to use in the event the.

Risks of Using a Short Sale to Avoid Foreclosure | AllLaw – While completing a short sale can be a good option for homeowners who want to avoid a foreclosure, short sales come with the following potential disadvantages and risks. You Might Have to Pay a Deficiency Judgment. In a short sale, the sale price is less than the amount that the borrower owes on the mortgage.

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And he’s got a swollen left leg, Vecchione added. On Friday morning at the Dracut Council on Aging, Vecchione joined other locals who plan on selling their old belongings at an indoor yard sale..

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