Is it More Profitable For Banks to Do Fo...
Posted by About.com Home Buying / Selling in
Buyer/Seller News on 12 14th, 2009 |
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When short sales get rejected, it's easy for agents to claim that banks prefer foreclosures over short sales.
In my experience, very few banks reject a short sale in favor of foreclosure when the price of that short sale offer is reasonable and the seller demonstrates a hardship. I suspect that some...