Why Is My House NOT SELLING as a Short Sale?

Why Is My House NOT SELLING as a Short Sale?

Posted On: January 20, 2011
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Why are short sales harder to sell?

Its the conditions. . .

Number one, the lender will want to see the entire financial picture from the seller and that could create problems for the buyer.

Next, the bank may want for the seller  to sign a promissory note for the deficiency between the amount owed and the amount your home is sold for.

Finally, the time it takes to get an approval. . .that discourages a huge amount of possible buyers for your property.

My advice. .

Be patient.

Try to avoid being stressed out over something that you are not able to control.