WHAT WILL IT COST ME TO SHORT SALE MY HOUSE?
Possibly nothing… In some cases, borrowers pay no sales costs if the lender approves the Short Sale. All commissions, title and escrow fees, and even most repair expenses may be paid by the lender as part of a Short Sale approval.
“The agreement is subject to existing lender for purpose of a short sale at no cost to the Seller. No funds will be required by seller to close escrow”
Keep in mind, the bank’s approve Short Sales and accept the resulting loss in an effort to avoid bigger losses through foreclosure.
Myles Flamino 11:31 am on June 2, 2011 Permalink |
I like your site that’s the truth. Compete the good work and I will keep recurring .
Decoud 12:01 pm on August 22, 2011 Permalink |
You are really accurate with what you said. I can not agree with you more! Nice post!