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Short Sale: Financing

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  1.  
    Short sale credit question
    Your bank would still be "shorted" the full amount of the loan and I am certai ... to predict exactly how much a short sale will affect your credit. While short sales have been around ... Read more
    Answered Fri Jul 24 2009, 19:26 by Genie Heroux, Financing
  2.  
    What is a short sale?
    A short sale is when a home owner owes more than they can sell the property for. The bank(s) must approve ... Read more
    Answered Sun Jan 4 2009, 13:26 by PropertyHookup.com, Financing in 21401
  3.  
    What is a Short Sale?
    A Short Sale generally preceeds a Foreclosure. It is when the Bank or Lender agrees to Accept Less than ... Read more
    Answered Tue Jan 13 2009, 23:25 by Kelli Michelle, Financing in Florence
  4.  
    Short Sale Candidate
    FG: you can make the decision to short sale at anytime, the question is whether you want to take the hit o ... Read more
  5.  
    Short sales in Roswell and Alpharetta
    The house is priced to sell it sounds like. Honestly one has to go look at the ... and other times there may be 3 offers waiting. As for time to do a short sale one can be done ... Read more
    Answered Thu Jun 18 2009, 16:41 by Mark Laycock, Financing in Roswell
  6.  
    Earnest deposit for short sale
    Hi Jeffery,We put an offer on a short sale on April 18th with an earnest deposit. According to my ... Read more
    Answered Mon Jun 8 2009, 15:42 by Sue Archer, Financing in Elk Grove
  7.  
    Financing for short sale?
    Andy,Banks want to make sure your can comfortably handle both mortgages and ... Keep in mind that most short sales are sold 'as is'. So you will need to factor in repair cost. Secondly, you ... Read more
    Answered Thu Aug 13 2009, 09:05 by Lisa Allen, Financing in Alpharetta
  8.  
    What is a short sale property?
    A short sale is where the mortgage company agrees to take less than what is owed on the note. ... Read more
    Answered Sun Sep 28 2008, 08:00 by Mott Kornicki, Financing in Jacksonville, FL
  9.  
    Short sale with payment plan for balance
    We owe $116,000 on our townhome, and a recent townhome sold for $110,000 in our ... /making up the mortgage balance. Would a short sale with a payment plan for the remaining balance affect my ... Read more
    Asked Wed Apr 15 2009, 11:34 by Mike, Financing in 50266
  10.  
    Is anyone familiar with Flagstar Bank in regards to short sales?
    Their web site and the mortgage holder says that they are hdqt in MI. They... Read more
    Asked Tue May 13 2008, 20:57 by Ruthless, Financing
  11.  
    Short sale on my credit report, now what?
    Good Afternoon,I agree with Jessica what you are trying to do is ... report and will see the short sale, plan on the need for a "large" downpayment (will depend ... Read more
    Answered Sun Oct 25 2009, 17:04 by Joe Salcedo, Financing in San Jose
  12.  
    I am looking at lower my mortgage payment (i have 2 mortgages) as the property...
    In a short sale, you sell your home for less than you owe on your mortgages. You will eliminate your ... Read more
    Answered Fri May 15 2009, 07:02 by Kellen Gracey, Financing in Lake County
  13.  
    What lenders are you using to finance short sales? Many buyers are interested in short sales, but may ...
    Hmmmm good question. I've always been the listing agent in the short sale, but I am interested to hear ... Read more
    Answered Thu Jan 3 2008, 08:37 by Lisa Forss, QSC, E-Pro, Realtor, Financing
  14.  
    in a short sales do you have to buy the underlying property?
    What other than the property wold you purchase? See "short sale" section in my blog attached.Greg ... Read more
    Answered Wed Dec 5 2007, 21:10 by ICG, Financing in 60626
  15.  
    Important Announcement from Fannie Mae about Short Sales
    On June 26, 2008 Fannie Mae issued Announcement 08-16 to all lenders that change ... 's guidelines on evaluating borrowers who have a previous Short Sale in their credit histories. It enables ... Read more
    Asked Fri Jun 27 2008, 05:32 by Deep River, Financing
  16.  
    offsetting 1099 from short sale - can you take a loss on the shortsale of your investment property to ...
    Hello Jen,You need to speak with your CPA and possibly an attorney. ... . For the investment, 2nd home, I don't think there is a tax break on that income. Maybe short sale the primary ... Read more
    Answered Wed Nov 4 2009, 16:37 by NonRealtor, Financing in Las Vegas
  17.  
    How can I find a copy or sample of a short sale that has been done already?
    Hello Jose. In our area, title companies have short sale packages which contain sample letters and ... Read more
    Answered Sat Oct 6 2007, 18:49 by Ute Ferdig - Greater Sacramento Area, Financing
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