Thursday, October 20, 2011

Why it can pay to try a short sale Lenders may be viewing short sales as a better alternative

Are short sales getting easier? Some home owners are reporting that banks are now not only more willing to consider a short sale, but are even offering incentives to complete a short sale. For example, a home owner in Chicago says his lender approved his short sale and then gave him a $20,000 check after the deal was finalized for selling the home as a short sale instead of letting it sink into foreclosure.

http://www.marketwatch.com/story/why-it-can-pay-to-try-a-short-sale-2011-10-20

www.siliconvalleyhomeprce.com

 

Posted via email from Real Estate-How's the Market?

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