What is your opinion on the current market conditions for short sales?

A “short sale” is a term used to describe a home transaction in which the sale price of a property will not be enough to pay off the existing mortgage(s). For purposes of this article, a “short sale” transaction occurs when the seller's lender agrees to extinguish the lien for less than the amount due, allowing ... Though a short sale is classified as the sale of a distressed property, the home typically remains occupied by the primary resident up until closing. This means ... Feb 19, 2025 ... Stay within 10% of market value: While the homeowner needs to extract as much value from the home as possible, it's counterproductive to ... Jun 19, 2023 ... Our Pompano Beach real estate lawyer helps clients address complex legal matters related to a short sale. Call 754-332-2101 for an initial ... Description · This course is the main requirement for the Short Sales and Foreclosure Resource (SFR®) certification. · Please note there is a one-time ... 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 ... 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 ... Nov 25, 2013 ... A short sale, also known as a pre-foreclosure sale, is when a person sells his or her home for less than the balance remaining on the mortgage. 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 ...