Quite a few people view a short sale
as a bad thing, but it does not have to be.
CoreLogic reported that 12 percent of suspicious short-sale resales occurred less than 30 days after the original short sale
through the second quarter of 2013.
The FSC pointed out that at present for the offsetting of margin trading and short sales
, the quotas for margin trading and short sales
should be calculated separately.
Freddie Mac's new streamlined guidelines provide greater flexibility for servicers processing short sales
for service members with Permanent Change of Station orders, including the elimination of back-end debt-to-income ratios or a cash contribution promissory note.
Another reason why homeowners resist short sales
is because many people do not understand if they qualify.
Some banks are even handing out bonuses for owners who opt for short sales
Later they decided marketing a similar product to Realtors would give them a bigger market than targeting the small number of auction-goers, so in late October they launched Short Sale
Because short sales
deal with mortgages in default, and most of these properties are sellers' residences, some foreclosure laws also apply to short sales
Prior to the TRA '97, a taxpayer generally did not recognize immediate gain on a short sale
against the box.
He then sells the borrowed stock through the same broker,and the proceeds of the short sale
earn interest at a broker loan rate, which is currently approximately 5 percent.
While it's encouraging that lenders and servicers are making headway in improving their short sale
processes, they still have more work to do to ensure that not only REALTORS([R]), but also home sellers and buyers have a better experience when dealing with short sales
," said C.
are one of the alternatives to foreclosure.