Mortgage Short Sale 1.0
Toolbar for Mortgage Short Sale Information
| Details |
View: screenshot
Size: 1.04 MB
License: Freeware
OS: Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP,Windows2003,Windows Vista Starter,Windows Vi
Price: $0.00
Publisher: Mortgage Short Sale
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Date added: 3/6/2008
Date updated: 3/6/2008
Total Downloads: 105
Downloads - Last Week: 0
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Mortgage Short Sale 1.0 Publisher's description
A short sale is where you agree with your lender that they will accept less money than is owed on the mortgage secured against the home. Lenders will agree to this where if they foreclose, they are going to receive less than the secured loan and in todays market, this is a very real prospect. Frequently, it is far better to agree to accept a reduced amount at closing rather than hurtling down the foreclosure route if the lender can see they will get a better return from the short sale arrangement. It becomes more complicated when there are two loans secured against the property, but in this case the second or junior lender is very probably going to end up with nothing as they only get paid after the first loan has been settled.
Coming up with a short sale arrangement that satisfies both lenders is difficult but not impossible. I can show you how to put these deals together, what paperwork you'll need and why a second lender is likely to be very agreeable to a short sale instead of foreclosure.
This is just a sample of information that is available on my site.
Requirements: Internet Explorer
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| Antivirus information |
| Download3K has downloaded and tested Mortgage Short Sale on 10 Apr 2008 with some of Today's best antivirus engines and you can find below, for your convenience, the scan results: |
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| Complete antivirus report |
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