The general public opinion is that short sales
are impossible and they're not getting closed.
In this office in Summerlin, the Ballens started “The Ballen Group” and hired on other real estate agents to join them in servicing Summerlin short sales
. Now The Ballen Group serves all types of home sales in the Las Vegas area.
The old objections about short sales
driving down comparables and forcing lenders to absorb principal losses ring pretty hollow these days, but getting them done is still difficult because servicers are overwhelmed, and short sales
need quick attention before offers go stale and buyers move on in exasperation.
When it comes to a short sale
, you may think you're getting a great deal for a house.
The definition of "real estate brokerage" expressly excludes "providing" financing, but is assisting a seller to obtain a discharge from a mortgage lender in a short sale
included within the permitted activities as a service of brokers or agents?
Anna and Michael Klinger, owners of the Klinger Group and Nevada Desert Realty listed this Henderson short sale
listing in the second week of May 2015.
The report noted that the percentage of suspicious short sales
flipped for more than $50,000 has slightly decreased during the period of 2012 to second-quarter 2013.
He said he manages 20 locations, 17 of which he bought through short sales
At present, investors can only carry out intraday trading via the offsetting of margin trading and short sales
under the credit trading system.
Freddie Mac said it is delegating greater authority to all of its servicers to approve short sales
for many borrowers who are not delinquent but face the following common financial hardships: divorce, a family death, long-term or permanent disability, employment transfers to different parts of the country, or Permanent Change of Station orders for members of the armed forces.
often are the best and quickest way to make sure that happens.
"With the courts at a standstill and banks not foreclosing on properties," Halloran said, "the banks are getting better at doing short sales
, so more people are doing them."