At present, some 12.3 % of the homes in active inventory are bank foreclosures, and 10.8 %
are short sales.
And most of the time,
those are the short sales that falls from escrow and then to foreclosure.
many, these sources will include distressed properties that
are short sales or in foreclosures.
6 of those listed
are short sales, and only one of... Continue reading →
There
are short sales in every market, and for some real estate professionals, these are the bread and butter of their business.
I am working in a market where there are areas that 40 % of the inventory available
are short sales.
The Wellington short sale inventory - homes listed for sale that
are short sales has dwindled to a very few.
Of the homes 2 are traditional sales and 2
are short sales.
Louis and Ryan discuss the implications of the U.S. and China relationship; Louis discusses the inflationary implications of QE2; Jim McCowan indicates that now is a good time to get a mortgage and discusses the state of the Arlington VA real estate market; Louis discusses the 1st quarter 2011 HomeGain home prices survey and the Virginia results; Jim and Louis discuss the rent to buy ratio; Louis discusses the advantages of getting a low interest rate mortgage prior to the rise in inflation and interest rates; Ryan and Louis discuss the employment numbers and the potential for recovery; Jim notes that only a small percentage of homes in Arlington
are short sales; Jim explains how Arlington short sales get priced and buyer's misconceptions that they can offer less than the list price; Louis contrasts the Arlington home pricing experience vs. the national experience based on the HomeGain home values survey.
Currently, 8 homes are under contract, and 6 of which
are short sales while 2 are traditional sales.
LITTELL: About 90 percent of my transactions
are short sales.
Of her 198 current listings, 187 (or 95 percent)
are short sales, and 166 of those are pending approval.
Out of the current listings of high rise condos for sale, six
are short sales.
Nine of the condos currently listed for sale
are short sales.
The errors we most often see
are short sales that report as charge offs or foreclosures or foreclosures that should not report a deficiency balance.
A search of the high rise condos listed for sale in the MLS shows that 8
are short sales.
Five of the condos that are currently available
are short sales.
Six percent of August sales were foreclosures and 2 percent
were short sales.»
We consulted a realtor, and she told us our only option
is a short sale.
He seems to think it would
be a short sale, citing that closing costs, realtor fees, etc. would be about 18 % — and if the sale price is the same as our pay - off, it would have to be a short - sale (even though we have the buyers).
According to the NAR, 27 percent of all home sales in Florida in the last quarter of 2010
were short sales.
When you sell at a loss one of three circumstances will apply: The first
is a short sale, in which your lender agrees to accept less than what it is owed.
The answer might
be a short sale.
The reality
is a short sale is very risky.
What
is a short sale you ask?
For a while there, it seemed like the only houses that were selling fast
were the short sale properties.
If you can't keep up with your mortgage payments and don't use a mortgage modification, your only alternatives may
be a short sale or a foreclosure.
It has been a long and difficult process because
it was a short sale but Kimberly and her team made it easy for me to hang in there.
One of the grossly misunderstood topics in Real Estate
is the short sale transaction.
My case was completely different as there
was no short sale approval of anything.
It is a short sale botch job beyond belief.
In fact this is why there will
be short sale lawsuits against Realtors who are clueless.
What
is a short sale, anyway?
You may have more luck if your less - than - perfect home
is a short sale property, as individual homeowners may be more willing to make needed improvements.
How a Short Sale Can Hurt Your Credit —
Is a short sale going to hurt your credit as much as a foreclosure would?
In 2009, 18.5 % of all transactions in Southern California
were short sales.
My husband and I found a house in Tennessee that
was a short sale.
This is the reason why there will
be short sale lawsuits against Realtors!
When these homeowners need to sell their property, the best option (and in some cases the only option) for homeowners in this predicament
is a short sale.
The only bad thing on our credit
was the short sale.
They can choose to refinance their homes but this will result in a tax bill on the forgiven debt and their only option
is a short sale or a full foreclosure.
If it's a short sale situation, the owner's lender has to approve the deal and that can take a while, as mentioned earlier.
One
was a short sale and the other was a vacant estate sale home.
An approved short sale transaction
is a short sale transaction that has been approved by all relevant parties, including the servicer, other affected lienholders, or insurers, if applicable, and the servicer has received proof of funds or financing, unless circumstances otherwise indicate that an approved short sale transaction is not likely to occur.
As a agent as soon as you know a home will
be a short sale it MUST be disclosed.
Sadly, there will probably
be another short sale that will never make it to the closing table because of pure stupidity.
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is a short sale, what you need to know about short sales in nj
I wish we could find another house, but it seems every house we find
is another short sale.
My suggestion would be to NOT try to buy a house that
was a short sale, especially if the mortgage is through Countrywide.