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The Short Sale That Got Away

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How to Negotiate the Price of a Short Sale | findwell – We just wrote an article about how to negotiate the price of a house, primarily talking about a "regular" real estate purchase from a private-party seller.Buying a home that is listed as a short sale is a whole different game, and you need to understand how the listing price may be set, how the bank will approve the listing price and strategies for making an acceptable offer.

Risks of Using a Short Sale to Avoid Foreclosure | AllLaw – While completing a short sale can be a good option for homeowners who want to avoid a foreclosure, short sales come with the following potential disadvantages and risks. You Might Have to Pay a Deficiency Judgment. In a short sale, the sale price is less than the amount that the borrower owes on the mortgage.

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The Steps in the Real Estate Short Sale Process – A successful short sale helps the lender to avoid yet one more foreclosed home on their books and all the cost and time involved in maintaining that home until its potential sale. A short sale can also reduce the likelihood that the borrower or homeowner will trash the property on his way out the door.

I am looking to purchase a short sale in Brooklyn. Possible. – These short sales usually close in a shorter amount of time, at least in my experience. I have a short sale approved property- 1 Family detached home in East Flatbush – $325K Open House – Saturday and Sunday – 3/20 & 3/21 at 1372 Brooklyn Avenue, Brooklyn, NY 11203- between Foster and Newkirk Time: 1:30 to 4:00 p.m

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