We've all been there. We helped our borrower through the mortgage process, the appraisal came in and the value is right. The seller is ready, willing and motivated. The only problem … “it's a short ...

Q: In April I offered $165,000 on a short sale that was listed at $150,000. My offer was for all cash, but we just found out the property was sold in June to someone else for $160,000 — $5,000 lower ...

It's a question many real estate agents hear from clients: Why do short sales take so long? Despite improving real estate markets, short sales and foreclosure sales will be with us for the foreseeable ...

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according ...

Equator, a software provider of default servicing solutions, has announced that it has launched its Agent Short Sale Certification Program to assist real estate agents with the increasing demand for ...

A government program that went into effect Monday is expected to speed up the short-sale process and prevent lenders from filing deficiency judgments against home sellers, a move that could go a long ...

During a HousingWire webinar called “Short Sale Process with Chase Bank,” vice president of short sales Bill Carr declared the lender is looking to close short sales in less than 30 days. Carr added ...

Part of a distressed sale—a foreclosure or a short sale—or a loan modification entails the mortgage lender forgiving some or all of a homeowner’s debt. Formerly, tax laws counted that forgiven amount ...

WITH property values down by as much as 30 percent in New York City, some homeowners who bought at the height of the market are finding themselves underwater and are being forced to sell their homes ...