Why bank just let the homes go exclusion of doing a short sale? They will end up selling the same house for the same price when property goes to the Bank. What is the advantage for the bank to go home to the exclusion of doing a short sale?
This is why bankers and lawyers are not highly valued by society. Of course you should make the sale short. There is no advantage at all to the exclusion. Lose much more money and have more foreclosures in their portfolio was not very good. I am in any one time or another, making a half dozen short sales. Some banks are very cooperative. Some banks are not. Ameriquest went out of business, after dealing with them now I know why. They were idiots. To be fair, not all delinquent mortgages can be short sales, however. Sometimes the agent will not know what they are doing. Sometimes can not get a buyer. But in general, in response to your questions, no one wins when they refuse to do a short sale. And they find that later when they take the house back and pout back into the market for less than what has already rejected.
Sacramento Bank Owned Homes For Sale
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[mage lang=”en|es|en” source=”flickr”]foreclosed homes[/mage] State puts impasse procedures foreclosed homes in limbo Neighborworks was promised $ 1,100,000 of federal stimulus money to buy in March 2009, renovate and resell foreclosed homes to buyers of low to moderate income, but funding has been hung at the state level. Buying Foreclosed Homes
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How long does it take to find out if your offer on the house of foreclosure was accepted?
I know foreclosed homes (not short sale) requires more than a regular house for sale. I wondered how long it took to hear if your offer was accepted. What was your process and experience?
I recently bought a foreclosed (bank owned). It took us one day and got the response that our offer was accepted against 4 other offers. house same offer we put back when I was in a short sale that took us three months and still no news until it was foreclosed. In other put a foreclosed home bid on everything from 3 days to 2 weeks.
TheRealDeal – Suze Orman offers advice to homeowners
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