Do I Have to Pay a Realtor Sales Commission in a Short Sale?
In standard home transactions, the seller and buyer reach an agreement for how the sales commission to a Realtor will be paid. Sometimes a buyer and seller will agree to split the costs out of …
more
Do I Qualify for a Short Sale?
In order to sell a home in a short sale, the borrower generally must be able to show they are unable to pay their mortgage and currently are experiencing a financial hardship. An involuntary loss …
more
Is a Short Sale Right for Me?
If you are wondering if a short sale of property is right for you, you should know that it is a highly individualized and personal issue. However, there are some circumstances and factors that …
more
How Does the Short Sale Process Work?
The first step in a short sale generally is to contact your lender and determine what is required to initiate the process. You may also want to consult with and/or hire a Realtor, real estate …
more