Sentences with phrase «accept the short sale as»

Not exact matches

A short sale is an agreement between a lender and a borrower to accept less than what is owed on the mortgage as «paid in full.»

In order to qualify as a short sale, the lender must agree to «sell the property short» by accepting less than is owed, and the home must be listed for sale.

Also, keep in mind that, if the bank «accepts» less, there is less tax benefit to them than to just foreclosure, hence another layer as to why short sales are tough to get approved.

That typically happens on a short sale because, they have a buyer lined up, or the buyer may have made the initial contact (as many here do) and the property has to be listed prior to accepting an offer.

If you are considering listing your property as a short sale you will need to contact your lender and speak with them first to ensure that they will accept a short sale.

St Paul Central Short Sale *: A St Paul Central short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A St Paul Central short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A St Paul Central short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

While some of the properties are newer on the market the real reason the number of listings increased is mostly from Fannie Mae owned mortgages going through the short sale process being kicked back into the market due to over the market value counter offers regarding what Fannie Mae is willing to accept as a short fall on a short sale.

As mentioned earlier, just because you see a short sale listed doesn't mean the lender will accept the advertised sale price.

Farmington Short Sale *: A Farmington short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A Farmington short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A Farmington short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Eden Prairie Short Sale *: A Eden Prairie short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A Eden Prairie short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A Eden Prairie short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Anoka Short Sale *: A Anoka short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A Anoka short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A Anoka short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

A great example of this is commonly known as a pre-foreclosure «short - sale» where a bank accepts less than owed for the property in order to sell it quickly to avoid a lengthy foreclosure process or simply to remove any non-performing assets from their books.

Short Sale: A short sale occurs when the lender agrees to accept what is less than owed on the mortgage as «paid in full.&rShort Sale: A short sale occurs when the lender agrees to accept what is less than owed on the mortgage as «paid in full.&raSale: A short sale occurs when the lender agrees to accept what is less than owed on the mortgage as «paid in full.&rshort sale occurs when the lender agrees to accept what is less than owed on the mortgage as «paid in full.&rasale occurs when the lender agrees to accept what is less than owed on the mortgage as «paid in full.»

Minnesota Short Sale *: A Minnesota short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A Minnesota short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A Minnesota short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

I started a new short sale, and I have 2 offers out that I expect to get accepted as I was able to basically give the sellers what they were asking for.

St Louis Park Short Sale *: A St Louis Park short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the Short Sale *: A St Louis Park short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lSale *: A St Louis Park short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the short sale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the lsale is a transaction in which a lender allows the real property securing the loan to be sold for less than the remaining mortgage amount due and accepts the proceeds as full payment of the loan.

Even if your MLS doesn't require the listing to be reclassified as «pending» or «under contract» upon acceptance of an offer in a short sale, if a cooperating broker contacts you about showing that listing to a prospect, you're required to disclose the accepted offer.