Comments on: Short Sales in Missouri

By: Short Sale Process

Short Sale Process — Fri, 05 Aug 2011 02:47:06 +0000

Loved the summary. When buying a short sale, at each attempt we made sure to add a clause or disclaimer saying that we could end the agreement at any time because of how long short sales would take. It would also give us the option to make multiple offers. We were scared to make an offer, wait 3 months and end up with nothing (especially with a baby on the way)

By: Stop house repossession

Stop house repossession — Fri, 25 Mar 2011 12:10:11 +0000

Nice one; you have put everything about short sale in words in such a nice way. Also, there are some eligibility criteria based on which the lenders decide if you qualify for short sale or not. Can you put on some light on this?

By: Houses in Antelope Valley

Houses in Antelope Valley — Fri, 13 Aug 2010 23:03:50 +0000

Bravo, a really well written, thought provoking article. I’ve written about short sales too, but your article is much better than mine.

By: mafia costumes

mafia costumes — Tue, 10 Aug 2010 02:07:34 +0000

When there’s an economic crises, all aspects of economy is affected. Selling a property in this kind of situation is very difficult. Potentials buyers are hard to find and more often it end ups to foreclosures, in which it’s not a favorable choice.

By: Short Sale Process

Short Sale Process — Wed, 28 Jul 2010 23:45:00 +0000

You’re correct, it cost more to the bank to foreclosure on a property. It’s too bad most banks don’t move quicker…although it’s not entirely their fault since they need to work with the investors.

By: Palmdale Homes

Palmdale Homes — Wed, 21 Jul 2010 20:52:50 +0000

Filing for the tax relief after a short sale when doing taxes is very important. There may also be tax breaks for the state, such as California, that will help as well.

By: Carol

Carol — Mon, 10 May 2010 20:45:58 +0000

The middle guy saves so much time.

By: ShortSales

ShortSales — Thu, 08 Apr 2010 15:42:05 +0000

Obviously for the novice, a short sale can be unbelievably frustrating. I think there needs to be a middle guy to handle this. Banks are greedy and they know money and not real estate. Get someone to teach them real estate and the hand feed them the negotiation to get the deal done.

By: tampa bankruptcy

tampa bankruptcy — Fri, 05 Feb 2010 05:39:42 +0000

From whatever angle you look at it, a short sale is more beneficial to both the lender and the debtor than having a foreclosure.

By: Guaranteed home sale

Guaranteed home sale — Mon, 04 Jan 2010 10:37:56 +0000

Selling homes is not always easy, especially when the economy situation is not favorable. It is hard to find prospective home buyers when people are craving for extra cash inflows. But still, homeowners may find problems too when the situation is favorable