What are the best ways to research local short sale trends and data?

Mar 1, 2021 ... A short sale is a home sale where the seller / owner is underwater on their mortgage. That means the value of the home is less than the outstanding mortgage ... Oct 16, 2022 ... While a seller typically pays all real estate agent commissions and other closing costs, in a short sale the seller pays nothing; the lender or ... ... real property; or. (xii) advises or offers advice to an owner of real estate concerning the negotiation or completion of a short sale; and. (B) includes a ... However, in this current real estate market, some banks/lenders are not exercising their foreclosure rights and instead have opted for either “loan ... 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 ... 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 ... 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 ... A short sale offers a way for a seller and a mortgage lender to avoid foreclosing on a home. Essentially, the lender agrees to accept less than the full ... 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. Short sale in real estate refers to a sale of a house when the sale price is less than the outstanding mortgage on the property.