You're question is quite old but for anybody else considering a short sale, there are no rules! Well, the banks do have guidelines and requirements for accepting short sales ... more
There is no right answer to your question since there are many variables that can produce a wide range of outcomes. The moving parts in a short sale are the sellers current si ... more
Make sure you do your shopping around. Equit ... more
If you're waiting on a pre-approval letter so you c ... more
A month? was it a short sale or an REO?
If you qualify for the first time buyer federal tax credit buy a decent used car with SOM ... more
The buyer would be responsible unless the pruchase ageement says otherwise. I try to avoid FHA loans on short sales and foreclosures because of issues like these but that's no ... more