How to Apply for a Short Sale?

Answer Short sale is a kind of real estate method, where you owe more than the value of your property. Mortgage companies and lenders such as your local bank and other financial institution would allow yo... Read More »

Top Q&A For: How to Apply for a Short Sale

What happens to a judgement balance in a real estate short sale in New York state. If there is no equity in the sale will the judgement be released?

In any state, Judgements are usually filed with a court. In order for the Judgement to be released, someone -- preferably the party that filed the Judgement -- must be satisfied before the Judgemen... Read More »

How to Buy a Car on Short Sale?

Buying a car on a short sale means that you are paying the seller less than what he or she owes to the lender. A seller behind in car payments and possibly facing repossession may be motivated to s... Read More »

Short Sale FAQ?

Short sales are attractive to property owners who cannot afford their mortgage payments and lenders who do not want to be saddled with properties acquired through foreclosure. While short sales ca... Read More »

Can i negotiate on a short sale?

On One Hand: Lenders Might ListenSometimes lenders might be willing to take a loss through a short sale rather than go through a foreclosure, according to You must demonstrate... Read More »