Comments on: What is a Short Sale?

By: Bankruptcybalance

Bankruptcybalance — Mon, 29 Nov 2010 07:48:56 +0000

A short sale is generally the sale of a stock you do not own.A Short Sale is when the bank agrees to accept less than what’s owed on a mortgage foreclosure that is secured by real estate.

By: Dawn

Dawn — Sat, 06 Nov 2010 11:54:46 +0000

This is why most short sales do not work for the retail end buyer. Finding an investor who is already negotiating the short sale, is a much better option because it alleviates these problems and leads to a much higher likelihood of getting the short sale done.
My recent post A tale of two housing busts Why is California recovering and Florida still struggling real estate short sales

By: Brent

Brent — Thu, 04 Nov 2010 17:23:02 +0000

I can appreciate a great article when I read one, especially when you cover a not so fun topic like Short Sales (I should know!)

Keep writing and they will keep coming to visit!
My recent post Will The States Compel Mortgage Loan Modification – Foreclosure Fraud

By: Rick

Rick — Tue, 11 May 2010 07:53:32 +0000

Great blogs Thanks for your valuable information.

By: Aaron Richardson

Aaron Richardson — Sun, 11 Apr 2010 18:28:45 +0000

Thanks for the detailed post about what we can really expect from a short sale. To follow up on the last point made: We too have seen a very nice improvement in the amount of time it now takes the banks to approve short sales. We are also very much looking forward to the new HAFA program and hope that it will streamline the whole short sale process. Obviously short sales in the Phoenix market will be around for a long time and any steps taken to remove the stigma associated with short sales will be of help. Given that short sales have more than twice the market share of REOs, streamlining this process will help out market recover much more quickly.

Arizona Short Sale Real Estate @ ISellShort.com

By: Education Station: Short Sale | Money Lounge

Education Station: Short Sale | Money Lounge — Wed, 17 Mar 2010 16:15:40 +0000

[...] Wikipedia.org // PhoenixRealEstateGuy.com Photo by: 87913776@N00 // CC 2.0 AKPC_IDS += [...]

By: Top 10 real estate posts of the day for 1/19/2010

Top 10 real estate posts of the day for 1/19/2010 — Thu, 11 Mar 2010 05:30:15 +0000

[...] What is a Short Sale? – We throw the words short sale around often, but do you know for sure what a short sale is and [...]

By: Cody Sperber

Cody Sperber — Mon, 15 Feb 2010 07:11:43 +0000

Great article on "What is a short sale". You nailed one thing for sure…"banks don't give a damn about your personal situation" but I have seen over the last few weeks an increase in banks approving my short sales in a much, much faster timeframe! Maybe, just maybe the future is bright for short selling homeowners and buyers of short sales! Keep up the great blogging and tweeting I always enjoy reading your rants!

Arizona Short Sale Realtor Cody Sperber

By: Erika Eaton

Erika Eaton — Thu, 11 Feb 2010 11:40:08 +0000

Your point "Number 4" drives me up the wall. I think it's a crime when an agent tries to guess what a bank will take the home at and then guesses too low. I've had two instances where we offered full price, but the offer was rejected by the bank. Very frustrating.

By: Atlanta Short Sales

Atlanta Short Sales — Thu, 04 Feb 2010 12:28:45 +0000

There is nothing short about a short sale, unless of course you hit the banks sweet spot on what they want to net based on the numbers. We've seen short sales approved in a week. They're not all that easy that's for sure. Sometimes the comps are your worst nightmare, then there's times when the stars align and miracles happen. Here's to short sales speeding up and closing lots of them this year!