What are the advantages and disadvantages of a reverse mortgage?

Our real estate lawyer based in Shiner and Hallettsville knows how short sales work and will help you determine whether a short sale is your best option. If I have a property value that was obtained when I evaluated the borrower for other workout options, can I use the same value for the ... A short sale is a situation where a homeowner is unable to continue making their mortgage payment and must sell their property when the balance of the mortgage ... 1) A debt management company registration;. 2) A mortgage loan originator license; or. 3) A real estate broker license if they do NOT charge any special fees ... Nov 6, 2023 ... A short sale home is a property that's sold for an amount lower than the remaining mortgage debt. The sale is named “short” because the lender ... Real estate licensees are involved in short sales, where the sales price agreed upon is less than that owed to lenders by the seller. The sale of real estate where the proceeds from the sale of the property provide insufficient funds to pay the existing liens and expenses related to the sale ... Apr 1, 2025 ... A short sale is where a homeowner sells their home for less than the amount they owe on their mortgage, with lender approval, to avoid ... Feb 12, 2024 ... A short sale, which is a type of loss mitigation, is a sale of your home for less than what you owe on your mortgage. The real property transaction falls under the jurisdiction of the Real Estate Commission. The Department of Finance and Real Estate Commission recognize that to ...