Short Sale Wiki
Considering Short Sales
May 25, 2010 by David Patterson · Leave a Comment
In today’s economic climate, many families are finding themselves in dire straights. The home that was once a blessing has now become a financial burden. In an attempt to avoid foreclosure, which can reap havoc on one’s credit for years to come, homeowners are searching out details on short sales. In simple terms, a foreclosure [...]
How do banks price short sale properties?
July 22, 2009 by David Patterson · Leave a Comment
As you might have read in the post, Why are REO properties priced all over the place? banks price REO properites using varying methods and some banks do a better job than others. Well, short sale price setting is not much different. In general, most short sale experts say to price the property at or near fair [...]
