How Does One Finance a Short Sale ? - Posted by eugene

import · August 25, 2003, 12:09pm

Posted by Bill_AL on August 26, 2003 at 11:36:32:

Also, remember that the seller’s old lender will be expecting to receive their agreed upon “net” short sale payoff at the closing table.
Bill

import · August 25, 2003, 12:09pm

Posted by eugene on August 25, 2003 at 12:09:47:

Hello

How does one finance a short sale ?

This seems like a simple question but it has baffled me some. Someone help!

Eugene Rakos

import · August 26, 2003, 9:24pm

Re: How Does One Finance a Short Sale ? - Posted by DavidBarrow

Posted by DavidBarrow on August 26, 2003 at 21:24:36:

I would like your ideas on how to get financing for
loans with no down payment techniques?

import · August 26, 2003, 11:32am

Re: How Does One Finance a Short Sale ? - Posted by Bill_AL

Posted by Bill_AL on August 26, 2003 at 11:32:24:

You finance a short sale the same way you would finance any other real estate acquisition. A short sale is just a discounted sale price that is accepted by the seller and his mortgage company as payment in full on the sellers old loan.
Bill