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Short Sale Transaction Information Form 1. A Short Sale is a transaction in which the Seller is attempting to sell the property for less than the amount of the balance owed on the mortgage to the Lender. The Seller won't make any money from the sale of the ...
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5. Short Sale Odds.
Why do only a small percentage of short sales close?
Everyone involved ...
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During the heated market of the last several years homes sold very quickly. Today in May 2008, my area has at least a 10-11 month inventory of homes. Almost every day for the last 7 months about 3 times more homes have been listed for sale than closed (sold). Today was no different. Far more homes came on the market than ...
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