Sentences with phrase «not accept a short sale»
They will not accept the short sale payoff of $ 5000.
http://massrealestatenews.com/
IB does not accept short sale orders for US stocks that are not eligible for DTC continuous net settlement (CNS) and all short sale orders are subject to approval by IB.
This one of the biggest mistakes rookies make and will almost always result in the lender not accepting short sales.
my husband and i put an offer in on a countrywide short sale in December 07 we just found out that it was forclosed on and they did not accept the short sale.
Indeed, the Broker had stated at the outset that he would not accept a short sale for the property.
They will not accept the short sale payoff of $ 5000.
Not exact matches
I don't put the Mindjack series on sale — the first book is always free, and the individual short stories are free on Kindle Unlimited — but I got accepted for an ad I couldn't pass up (Bookbub FTW!)
This appraisal will determine whether or not a short sale is accepted and can proceed.
In order for the bank to accept a short sale deal, the lender must see some potential gain in granting a short sale; so technically, not everyone can qualify.
At the conclusion of such evaluation, the transferee servicer must permit the borrower to accept the short sale option offered by the transferor servicer, even if the transferee servicer does not offer the short sale option, in addition to any loss mitigation options the transferee servicer determines to offer the borrower based upon its own evaluation.
If the offer that you have accepted is not within the ball park of the actual value of the property your short sale is going to be REJECTED!
With a lot of agents in our area not wanting to show «short sale» listings I use this offer to get from the bank what they will really accept and then can market the home with an approved value.
If the underlying investor has not approved the short sale than who has accepted the short sale?
In a short sale the seller (the owner of the property) not the bank decides who to sell the property to or whom to accept a contract from with (secondary) the approval of the bank.
My husband and I stumbled upon a house in Georgia, It was supposedly foreclosed, but when we made the offer at the beginning of march, we found out CW never actually followed through foreclosure with the previous owner, so after coverting to short sale, the previous owner accepted our offer, but we all know with CW that doesn't mean JACK.
One thing you need to understand is the lender is not going to accept a short sale if the accepted sale price by the home owner is way under market value.
Each lender has their own process through which they decide whether or not to accept a short sale, and while there are many similarities, each has its own requirements for approval.
As mentioned earlier, just because you see a short sale listed doesn't mean the lender will accept the advertised sale price.
The home can absolutely be a short sale, for example, if the accepted sales price is higher than the mortgage but not high enough to pay all of the closing costs and commissions.
In other words, by not rejecting a proposed short sale price by the deadline, then the new law would make that price automatically accepted by the lender.
Short sales are not always easy to close, though, with your lender having the final say on what offer it will and will not accept.
You'll need to find someone to help you work the short sale if you don't know what you are doing and you won't find out if the bank will accept your offer, or if they'll counter until you are working it.
With a lot of agents in our area not wanting to show «short sale» listings I use this offer to get from the bank what they will really accept and then can market the home with an approved value.
If the offer that you have accepted is not within the ball park of the actual value of the property your short sale is going to be REJECTED!
Even if you accept to use our service, your lender may not agree to a short sale.
You're right, banks won't accept assignments on either short sales or REOs.
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.