Posted by NJDave on May 28, 2006 at 17:01:16:
When it is in the mortgagee’s best financial interest to accept less than it’s due, when the mortgagor has experienced an involuntary financial hardship and cannot sell the property without lender’s concessions, and other lender specific criteria is satisfied.
Short Selling - Posted by Don Williams
Posted by Don Williams on May 27, 2006 at 22:18:15:
Does “short selling” in real estate work?
Re: Short Selling - Posted by NJDave
Posted by NJDave on May 28, 2006 at 04:50:37:
Under certain circumstances, certainly. I’ve been doing them for 20+ years, long before they became fashionable. But you shouldn’t believe all the hype that’s pitched by the seminarians.
Re: Short Selling - Posted by Don Williams
Posted by Don Williams on May 28, 2006 at 12:58:08:
NJDave What would some of those certain circumstances be? Thanks. Don