If the lender has
just approved the short sale then it has not been foreclosed.
If the lender has
just approved the short sale then it has not been foreclosed.
Not exact matches
Ariana —
just because the
short sale was
approved before does not mean that BOA is going to immediately turn around and give you an answer.
A bank will not
approve a
short sale for
just a loss in value.
We often times have
short sales that have already been
approved to close and
just need a buyer ready to go.
(The bank won't
approve a
short sale because I'm not in a financial hardship; I can afford the mortgage, it
just seems foolish to pay that much to protect my credit.)
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.
Hi, everyone I
just have a quick question Im going through the
short sale process and my attorney called me and said that the sellers will be ready to close by November 15 but my realtor said he hasnt heard anything about the
short sale being
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.
I've no doubt they are overwhelmed, but it's a nightmare of their own making and IF that is the case, the should be jumping through hoops to help those who are bringing them
short sales on a plate that they
just have to glance at and
approve.
You're usually required to come up with
just a percentage of the amount needed for a securities purchase or
short sale while paying interest to finance the rest based on an
approved line of credit.
The lowest priced
short sale is listed at $ 179,900 and is an
approved short sale that was
just put back on the market in an older area of Wellington.
Ariana —
just because the
short sale was
approved before does not mean that BOA is going to immediately turn around and give you an answer.