Sentences with phrase «happens after the short sale»

Here are the steps involved, and what happens after the short sale is complete.

Not exact matches

What happens if you close on a short sale (no deficiency) where last mortgage payment was not made (all prior were) but the closing is on the 20th day after payment due?

That often happened after the collateral was sold after a foreclosure, deed - in - lieu, or short sale, and write - downs were sometimes included as part of a mortgage modification as well.

«We'll see what happens after the holiday season, but the possibility of a continued drop in occupancy by another 100 basis points or so in 2010 is still very much a possibility, given the lack of a broad recovery in tenant sales levels and our unwillingness to do uneconomic deals for the sake of short - term occupancy gains,» Wood said during the company's conference call with analysts on Nov. 5.