Short Sale Buyers Write the Check But They Don't Call the Shots
Uploaded on Aug 11, 2010 / 2 views / 8 impressions / 0 comments
Description
Everybody knows that a short sale is a real estate transaction in
which the proceeds from the sale are less than what's owed on the
property. But sometimes buyers forget that the Seller's creditors
have complete control over that deal - they can...
Everybody knows that a short sale is a real estate transaction in
which the proceeds from the sale are less than what's owed on the
property. But sometimes buyers forget that the Seller's creditors
have complete control over that deal - they can change the terms or
cancel the deal altogether. And that means they are calling the
shots while you wait on the sidelines. Distributed by Tubemogul.