Short Sales

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Let's see what agents know about Short Sales. When will a bank consider doing a Short Sale? I know of seven primary reasons, does anyone care to share?
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June 28 2010 - West Las Vegas
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The bank will consider a short sale when the FMV is less than whats owed. In order for the short sale to be considered the seller must have a true hardship. A true hardship is loss of income or unemployment, divorce or illness in the family and relocation.
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June 28 2010
 
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June 28 2010 | 1 answers
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