What questions should a buyer ask their real estate agent about a short sale?

Jun 5, 2020 ... Qualify the Property and Seller for a Short Sale · The seller must have no equity in the home. · The seller must be unable to repay the difference ... At Stone & Britt, LLC, our real estate lawyers based in Wetumpka knows how short sales work and will help you determine whether a short sale is your best ... A short sale is one in which the mortgage lender agrees to allow the home to be sold for less than the value of the mortgage. 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. ... 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 ... 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 ... Apr 23, 2025 ... A short sale is when a homeowner experiencing financial hardship opts to sell their property, with lender approval, for less than the amount ... A short sale is the sale of the home for less than the balance remaining on the mortgage. In a short sale, a borrower can sell the home and pay off a portion ... Feb 19, 2021 ... This contract involves a “short sale” of the Property. ... The form of this addendum has been approved by the Texas Real Estate Commission for use ... Description · This course is the main requirement for the Short Sales and Foreclosure Resource (SFR®) certification. · Please note there is a one-time ...