What are the advantages and disadvantages of a partial claim?

A short sale refers to a closing on your home for a purchase price that is less than the payoff on your existing mortgage. The Licensee informs the seller that the seller must either personally negotiate with the lender or hire a Mortgage Assistance Relief Service Provider or a ... Aug 31, 2022 ... Short sales are a legal sale of a property when a property owner sells the property for less than the amount owed on the mortgage associated ... A short sale is when a mortgage holder agrees to take less than what is owed by a seller who is having a financial hardship, the home is worth more than market ... Court-ordered sale e. Sale in lieu of foreclosure f. Condemnation g. Short sale h. Bank REO (real estate owned) i. Auction sale j. Seller/buyer is a relocation ... Short sale properties are sold 'as is', which means the sellers won't do any improvements or act upon any issues found during a home inspection. A short sale can be a viable alternative to a foreclosure for debtors with nonrecourse debt and who qualify for certain exclusions. Be aware, however, that the ... "Short sale" means the sale of real estate that is subject to a mortgage for an amount that is less than the amount owed to the mortgagee on the outstanding ... 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 ... Q: What is a short sale? A: A short sale is a real estate transaction in which you sell your house and your mortgage lender agrees to accept a price less ...