What are the seller's net proceeds (or lack thereof) in a short sale?

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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. This course provides with a deep understanding and knowledge about Short Sales, Foreclosure, and their impact on real estate clients. 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 ... However, in this current real estate market, some banks/lenders are not exercising their foreclosure rights and instead have opted for either “loan ... Dec 10, 2010 ... A short sale is a real estate transaction in which the sales price is insufficient to pay the debt(s) and obligations encumbering the ... A short sale is the type of sale you will have to do if you are upside down on your house. If the property's sales value is not enough to pay the loan in full, ... A short sale occurs when the payoff loan balance exceeds the possible sales price of a home. If the owner is going to be upside down on the house in the sale ... A short sale occurs when a property is sold for less than what is owed on the mortgage with the lender's approval. ... need for real estate and mortgage professionals to provide competent assistance to property owners considering a short sale. A “short sale” is a real estate ... In real estate, a short sale is a way for a homeowner to avoid a foreclosure. In both situations, the homeowner is at least several months behind on ...
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