Can I rent after a short sale?

Apr 1, 2022 ... When a homeowner does a short sale they are asking the mortgage lender to settle their debt for less than they owe so that they can sell and ... Oct 10, 2024 ... According to the North Carolina Bar Association, lenders can expect to receive about 84 percent of a property's fair market value in net ... Oct 27, 2021 ... Short sales allow you to dispose off the property to recover part of the money owed, before the lender decides on a foreclosure. A short sale occurs when a property is sold for less than what is owed on the mortgage with the lender's approval. Description · This course is the main requirement for the Short Sales and Foreclosure Resource (SFR®) certification. · Please note there is a one-time ... Nov 29, 2023 ... A short sale occurs when a homeowner sells their property for less than the remaining mortgage balance, and the mortgage lender agrees to accept ... Feb 19, 2025 ... Stay within 10% of market value: While the homeowner needs to extract as much value from the home as possible, it's counterproductive to ... Jun 19, 2023 ... Our Pompano Beach real estate lawyer helps clients address complex legal matters related to a short sale. Call 754-332-2101 for an initial ... A short sale involves hiring a Realtor and listing the home on the market for its current value. However, if the mortgage balance exceeds the sales price, the ... Jan 11, 2017 ... A short sale is completed when your property is sold at a reduced value to help avoid having the house go into foreclosure. In a short sale, ...