Archive for August, 2008

Short Sale – 5 Frequently Asked Questions

With short sales all the rage right now, there are loads of questions about them.  Here are answers to 5 of them.
Do I have to miss a payment to do a short sale.
No you do not have to miss a payment.  You do need to present a case to the lender as to why they [...]

Short Sale Games

I’ve heard countless stories in the past months from sellers, buyers and Realtors about the current state of affairs when it comes to short sales.  While some transactions have closed, many more have had “birthdays”, and most have not closed.  It is easy to understand why a bank is slow to move, after all they [...]