Question

 What does short sale approved mean?

Answer A short sale occurs when a home sells for less than the amount owed to a lender. An approved short sale indicates that the lender has agreed to accept the reduced price.DrawbacksShort sales are muc... Read More »
http://www.answerbag.com/q_view/1913009

Top Q&A For: What does short sale approved mean

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 »
http://wiki.answers.com/Q/What_happens_to_a_judgement_balance_in_a_real_estate_short_sa...

What does a short sale mean?

Short sale is a term used in real estate when a mortgage lender agrees to sell a house at a discount of the original mortgage price. The borrowing homeowner avoids foreclosure and all money from th... Read More »
http://www.answerbag.com/q_view/1909607

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 »
http://www.ehow.com/how_6461047_buy-car-short-sale.html

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 »
http://www.ehow.com/about_7336529_short-sale-faq.html


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