Sentences with phrase «short sales contracts»

On top of that we have around 20 or so short sales contracts waiting to close too.

Many Short Sales contracts that were submitted to them for approval could have experienced counter offers coming from the Lenders / Banks in anticipation of increasing values.

1 - private sale 1 - Bank owned REO 1 - Homepath (Fannie) 1 - HomeSteps (Freddie) 2 - Short sales no contracts yet 1 - Short sale possible back up contract

On the short sale contract, I am always asking for the buyer to wait a minimum of 90 days to get short sale approval.

On all my short sale contracts the buyer is required to wait for a minimum of 90 days or they would forfeit their escrow deposit which typically is 5 % of the homes purchase price.

I would be willing to bet most of the items you include in your addendum are in an offer to purchase for one of my short sale contracts!

Most short sale contracts contain some sort of an addendum that makes the contract subject to short sale approval, and there is probably a time limit imposed as a condition of the purchase contract.

I submitted a short sale contract with B of A in January.

The short sale contract and appraisal are both at $ 89,000.

A short sale should be aggressively priced such that you will find a buyer in a timely fashion but not so low the lender is going to reject the short sale contract.

«The finding that only one if five eligible short sale contracts move out of pending status, coupled with the fact that nearly half of those that do are failing, is just one key indicator of the industry impact from the emergence of distressed inventory.

On all my short sale contracts the buyer is required to wait for a minimum of 90 days or they would forfeit their escrow deposit which typically is 5 % of the homes purchase price.

Not exact matches

We, our officers and directors, and holders of substantially all of the outstanding shares of our common stock including the selling stockholders, have agreed with the underwriters, subject to certain exceptions, not to offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of any shares of common stock, options or warrants to purchase shares of common stock or securities convertible into, exchangeable for or that represent the right to receive shares of common stock, whether now owned or hereafter acquired, during the period from the date of this prospectus continuing through the date 180 days after the date of this prospectus, except with the prior written consent of each of Goldman, Sachs & Co., Morgan Stanley & Co..

offer, sell, contract to sell, pledge, grant any option to purchase, make any short sale or otherwise dispose of any shares of our common stock, options or warrants to purchase shares of our common stock or securities convertible into, exchangeable for or that represent the right to receive shares of our common stock; or

A short sale is similar to a regular sale in that the seller contracts a listing agent to put the property on the market, but with a short sale the lender gets involved, too.

British and Dutch merchant banking was to extend short - term credit on the basis of collateral such as real property or sales contracts for merchandise shipped («receivables»).

The gap between the contract price the government pays importers and the lower sale price set by the National Petroleum Authority left the importers short as the currency fell.

West Palm Beach, FL About Blog James N Brown, P.A is a real estate law attorney in west palm beach, specializing in real estate law, title services, foreclosure, short sales, and contract litigation.

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A short sale is similar to a regular sale in that the seller contracts a listing agent to put the property on the market, but with a short sale the lender gets involved, too.

The couple had to find another place and broke their contract on the short sale.

You're always better off asking your realtor for a shorter contract length such as three months — enough time to finalize a sale, or for you to move on to a new agent.

Manufacturers could effectively lock - in a sales price by going short an equivalent amount of goods with futures contracts.

The adviser uses the following principal strategies: investing primarily in common stocks, selected for their appreciation potential; investing in certain event driven situations; engaging, within prescribed limits, in short sales of equity securities; varying its common stock exposure by hedging, primarily with the purchase or short sale of Standard & Poor's 500 Index futures contracts; and investing all or any portion of its assets in U.S. Treasury securities.

However, if you do a short sale, the mortgage company can essentially contract around this «non-recourse» provision and make you liable for the money they didn't recover from the sale.

Entering into short sales includes the potential for loss of more money than the actual cost of the investment, and the risk that the third party to the short sale may fail to honor its contract terms, causing a loss to the portfolio.

Keep in mind this type of funding is usually needed when doing Short Sales or purchasing REO properties from the bank because your not allowed to assign contracts when dealing with banks.

You and your short sale agent negotiate the best possible contract for sale with potential buyers.

They were desperate because when they finally asked their Servicer about a short sale they were told they had to have a contract in order for the foreclosure to be postponed and there was not much time left.

Here's what I've learned: A) when the deposition includes a buyer or seller vs. a Realtor, from day one, the Realtor is usually already way behind in the eyes of the court, B) even if «Mother Theresa» wrote the real estate contract, a good attorney for the plaintiff can generally tear it and her to bits... and that usually comes from the buyer or seller saying, «I don't remember «that» (whatever «that» is) being explained to me»... which brings us to «short sales» and all that go with them and what will surely follow.

If you under price the home and receive a contract from a buyer, the lender is going to reject the short sale after reviewing the appraisal or broker price opinion that they order.

There are numerous Realtors ® that are clue less when it comes to giving sellers advice on the short sale Real Estate contract.

We also attach a short sale addendum which states time periods; most of which are written they start upon written notice from Seller to Buyer that the lender has approved the contract.

I just tried buying a home that is in short sale... On the same day my contract was delivered to the Realtor I was told that the house was already put in foreclosure.

To make matters worse, some short - sales will never close escrow due to a variety of reasons (mistakes, loan denial, contract cancellation, etc etc).

We have a short sale house under contract since October 3rd 2011.

Other complicating factors include the use of short sales, options, and futures contracts.

In Nevada, only when you have an accepted contract on a short sale property can you send it to the lender.

According to Doug Robinson, a NeighborWorks spokesman, its counselors always try to negotiate away deficiencies when they facilitate short sales or deeds - in - lieu «We don't favor any short - sale contracts that leave any deficiency that can be pursued,» he said.

Short Sales are contingent upon the short sale lender approving the contShort Sales are contingent upon the short sale lender approving the contshort sale lender approving the contract.

We have been waiting for our written contract for 5 weeks since Wells approved the short sale.

A «short sale addendum», which should also be required, will outline the importance of the lender's approval and release you from the contract should your lender not approve it.

My wife and I are celebrating our 6 month anniversary on the signing of the contract of a short sale home.

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.

We did submit an earnest deposit with the offer but also had a «short sale addendum» in our offer package that releases us from the contract if time lines aren't met or if it is not approved.

h) In the event that a petition in bankruptcy is filed, or the appointment of a receiver is filed by or against you, or an attachment is levied against any of your Accounts, or in the event of your death, we will have the right to sell any of the assets in any of your Accounts whether carried individually or jointly with others, to buy any or all securities which may be short in such Accounts, to cancel any open orders and to close any or all outstanding contracts, all without demand for margin or additional margin, notice of sale or purchase, or other notice or advertisement.

There are reasons why a buyer should get their home inspection done, why they sign a binding contract and why they procure their financing prior to short sale approval.

No person may own or control positions, separately or in combination, net long or net short, for the purchase or sale of commodity futures and options contracts, on a Net Equivalent Futures Position basis, in excess of the following: