What are the chances of getting the short sale approved?

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 ... Mar 25, 2025 ... A short sale is when a mortgage lender allows a homeowner to sell their home for less than what they owe on the mortgage. · You won't profit from ... Mar 21, 2025 ... A short sale happens when a homeowner sells their house or other piece of real estate for less than they owe on their mortgage to avoid foreclosure. In a short sale, the bank will work with you and a realtor to ensure that it gets as much money as possible out of the sale. The benefit to the homeowner is ... 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 ... A short sale is defined as a type of real estate sale where money received from selling the property will be insufficient – ie, fall short – to completely pay ... A qualified real estate professional will be able to show you short-sale homes, help negotiate the purchase when you find the property you want to buy, and. Sep 20, 2024 ... A short sale occurs when the value of your home is less than the mortgage balance, meaning you owe more than the property is currently worth. Feb 15, 2022 ... Short sales occur when a homeowner owes more on their mortgage loan than what the property is currently worth. For example, if you purchased ... The Short Sales and Foreclosures course is specifically designed to show how you, the real estate professional, can serve as a resource for sellers and buyers.