See Arizona realtor and rocket scientist Kristin LaVanway’s video entitled “Five Reasons Why Short Sales Are Declined.” “On December 15, 2009 , I attended a round table presented by the Women’s Council of Realtors. The featured speaker was a representative from Bank of America who shared an overview of the current short sale policies that BofA is following. During the presentation, he shared the five most common reasons that short sales are declined. It’s fair to assume that these reasons are common among all lenders.”
Related posts:
- Banks Tout New Short-sale Processes
- Confusion about Short Sales and Arizona’s Anti-Deficiency Law
- Practical Advice on Arizona Residential Short Sales
- Arizona Department of Real Estate Publishes Short Sale Seller Advisory
- What is a Short Sale?
- Arizona Luxury Homes not Immune to Short Sales
- Home Sales Declined 17% in December
- FannieMae Announces New Underwriting Rules for Loans after a Short Sale or Deed in Lieu of Foreclosure
- Home Short-sellers may Face Painful Taxes
- Making the Decision to Walk Away: Morally Wrong….OR…Financially Sound?
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