Sentences with phrase «also approve a short sale»

Second and all subsequent lien holders must also approve a short sale, so even though it can still happen, it's a lot of extra work with more opportunities for a last - minute fall - through.

Not exact matches

If a modification isn't the right move for you, we can also assist you in getting a short sale approved by your lien holder.

We also attach a short sale addendum which states time periods; most of which are written they start upon written notice from Seller to Buyer that the lender has approved the contract.

A «short sale addendum», which should also be required, will outline the importance of the lender's approval and release you from the contract should your lender not approve it.

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.

I also have a short sale that just got approved by Bank of America but now the file is being sent to Freddie Mac, the investor, for their approval.

We did submit an earnest deposit with the offer but also had a «short sale addendum» in our offer package that releases us from the contract if time lines aren't met or if it is not approved.

On some loans there could also be mortgage insurance in which case the insurer also has to approve the short sale.

However, according to Professor Rosemary Rayfuse, an expert in International Law and the Law of the Sea at the University of New South Wales, Australia, who also attended the Woods Hole meeting, ocean fertilization projects are not currently approved under any carbon credit regulatory scheme and the sale of offsets or credits from ocean fertilization on the unregulated voluntary markets is basically nothing short of fraudulent.

Dechert said that continued short sale delays are also contributing to foreclosures and urged lenders and servicers to quickly approve reasonable short sale offers that would allow home owners to avoid foreclosure.

We also likely have Lenders / Banks not so readily approving Short Sales with the anticipation of home values increasing, so they too can lessen their losses on any Short Sales that they may approve.

It will also share information about the most common qualifications for homeowners to have their short sale applications approved.

Hi there Sorry I havent answered previous questions... there are no websites that carry the short sale list for my area that I know of the best thing is to read the add whether it is in the mls or newspaper or on craigslist when you see the term «Subject to lender approval» that for me is the giveaway of a shortsale, also now they come right out and say short sale approved.

Some real estate professionals also point to lawmakers» indecision on the national debt ceiling the last few weeks and an increase in short sales - related cancellations due to buyer frustration at the lengthy process or banks not approving the short sales.