This was absolutely not a sale in the traditional sense — it's glorified loan meant to get Porto the kind of fee they wanted (and couldn't get from a big club a year ago), to get Wolves promoted (which is their massive payday), and to get Mendes more on the agent fee front (which is more lucrative for him via
sale than a traditional loan).
Not exact matches
However, while VA and
traditional loans can be used to purchase a short
sale, the short
sale process is more complicated
than a typical closing.
Although there are guidelines in place, it's important for veterans to realize that in actuality VA
loans are much easier to obtain after a short
sale than many other types of
traditional loan programs.