short sale

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5

Buying a House - USDA or FHA - Short Sale

M.B. asks from Buffalo

I got approved to buy a house on my own in May of this year.. We were 2 weeks short of closing when the lawyers or whomever was doing the finally close out on the hou...

5

Has Anyone Ever Purchased a Short Sale?

D.N. asks from Chicago

We are currently living in a building we own but really fed up with the other owner and thinking of selling this one to get our house-which we have wanted for some ti...

17

Short Sale or Foreclosure...PLEASE HELP!!!

J.S. asks from Chicago

So, my husband and I have gone thru some extremely diffiult times these past 2 years, from losing a job, being denied unemployment, and then a new job which pays lite...

8

Can Anyone Tell Me What to Expect from a Short Sale or Forclouser?

K.G. asks from Fort Wayne

We have our home up for short sale, we had to move out of state for my hubby's job. we have not been able to make payments on both properties so now we are in defult ...

10

Should I Hire an Real Estate Attorney to Conduct a Short Sale on My Home?

T.D. asks from Sacramento

Hi. I may have to short sale my home and was wondering if I should go through a real estate attorney or just hire a real estate agent. I have a first and second loa...

8

Doing a Short Sale of Your House? Instead of Bankruptcy - Follow up Question

G.M. asks from Tampa

So you may remember my recent posting about bankruptcy. I went to a lawyer and she basically told us to go ahead and do the debt consolidation for our bills, and let ...

18

Short Sales

C.M. asks from Washington DC

Hi! We are renting a town home and our landlord told us a couple months ago that he will be doing a short sale on the house. We are not able to buy at this time in ou...

10

Explain a Short Sale to Me Please

G.B. asks from Oklahoma City

I have a friend who's selling her home in California to move near me to care for her aging parents. As I understand it she has to move and since housing costs have co...

9

Forclosure or Short sale..HELP

J.R. asks from Detroit

Ok..I am here once again asking about this..We are having trouble with renters and we now need to forclose or do a shortsale .. the only problem is we dont want to do...

6

Financial Decisions on Short Sales

J.B. asks from Dallas

I'm about to do a short sale on my home and have heard about the Debt forgiveness Act that Bush just signed in Dec. 2007. Does this include short sales or just forclo...

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Answer Highlights

  • went through a short sale in 2 answers "My husband and I went through a short sale last year, and as long as your mortgage ..."
  • approve the short sale in 2 answers "... on the house, it's very unlikely that the lender will approve the short sale."
  • absolute last resort in 2 answers "I would use bankruptcy as an absolute last resort."
  • real estate attorney in 2 answers "I would look to a real estate attorney with experience in this area."
  • many different departments in 2 answers "Because the lender has to get approvals from many different departments, have their ..."