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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Short sales Posted by Alfred, SoCal on February 28, 2010 at 12:44 AM In Reply to: Re: Thanks to our grads for the great day we had today... posted by Rick, the Probate Guy on February 28, 2010 at 12:11 AM I believe we are going to be seeing a lot more short sales than not. In general, lenders are realizing that they make 10-15% more on short sales than with foreclosures because foreclosure process, repair, maintenance and holding costs them much more. Plus, short sales have more of a win factor: seller's credit doesn't get downgraded as badly as it would with foreclosure, buyer gets a nice discount on home, lender saves some money. Short sales are on the incline and they will continue to grow. Follow Ups: Re: Short sales CCinOC 10:50 PM, 03/01/10 (8) Hey CCinOC: Why no CC at the reunion? We read your posts It would be great to meet you sometime! 9:43 AM, 03/02/10 (2) Re: Hey CCinOC: Why no CC at the reunion? We read your posts No CC 10:13 AM, 03/02/10 (1) I've never been to Miami... CCinOC 10:26 AM, 03/02/10 (0) Re: Short sales So 6:52 AM, 03/02/10 (4) HAFA is another Obamba JOKE Freeflyer 9:57 PM, 03/08/10 (0) The incentives are FINANCIAL CCinOC 10:28 AM, 03/02/10 (2) Re: The incentives are BALONEY Not buyin' it... 4:26 PM, 03/02/10 (1) Program Will Pay Homeowners to Sell at a Loss... CCinOC 0:48 AM, 03/08/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I believe we are going to be seeing a lot more short sales than not. In general, lenders are realizing that they make 10-15% more on short sales than with foreclosures because foreclosure process, repair, maintenance and holding costs them much more. Plus, short sales have more of a win factor: seller's credit doesn't get downgraded as badly as it would with foreclosure, buyer gets a nice discount on home, lender saves some money. Short sales are on the incline and they will continue to grow. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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