Posted on 17-08-2008
Filed Under (Market Statistics) by dmjaster

Most Homeowners who purchased properties with 10% or less down and anytime after 2004 are probably upside down at this time. The amount of Foreclosures across the country may not subside for quite some time. Lenders DO NOT want all of these properties back. It is typically in the best interest of the Homeowner and the Lender to negotiate the Short Pay Sale and keep the property out of the REO department.

(4) Comments    Read More   

Comments

News · Oregon News on 18 August, 2008 at 11:54 pm #

[...] News » News Short Sales?2008-08-19 00:23:24Not Foreclosures across the country may not subside for quite some time. The [...]


Little league softball world series · on 20 August, 2008 at 1:26 pm #

[...] News » News Short Sales?2008-08-20 13:55:34Not Foreclosures across the country may not subside for quite some time. The [...]


[...] News » News Short Sales?2008-08-22 14:21:24Not Foreclosures across the country may not subside for quite some time. The [...]


A much needed Happy Saturday! · on 25 August, 2008 at 6:57 pm #

[...] News » News Short Sales?2008-08-25 19:27:58Not Foreclosures across the country may not subside for quite some time. The [...]


Post a Comment

You must be logged in to post a comment.