http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/ Scottsdale Real Estate, Foreclosure Prevention, Short Sales, and other stuff too... Thu, 01 Dec 2011 05:40:29 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/comment-page-1/#comment-410 Daniel@bad credit loans Fri, 10 Jul 2009 23:18:01 +0000 http://www.realscottsdaleliving.com/?p=551#comment-410 If I were going under I would try my hardest to short sale. The bank or lender isn't going to put in the effort to sell your home for top dollar. They know in the end that you will still be responsible for the difference between selling price and amount owed. .-= Daniel@bad credit loans´s last blog ..<a href="http://www.badcreditloancenter.com/401k-contribution-limits-rollover-and-withdrawal-plan/">401k Contribution Limits, Rollover and Withdrawal Plan</a> =-. If I were going under I would try my hardest to short sale. The bank or lender isn’t going to put in the effort to sell your home for top dollar. They know in the end that you will still be responsible for the difference between selling price and amount owed.
.-= Daniel@bad credit loans´s last blog ..401k Contribution Limits, Rollover and Withdrawal Plan =-.

]]> http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/comment-page-1/#comment-388 Jon Griffith Fri, 26 Jun 2009 19:30:06 +0000 http://www.realscottsdaleliving.com/?p=551#comment-388 Any time Max. Thanks for the comment. .-= Jon Griffith´s last blog ..<a href="http://feedproxy.google.com/~r/RealScottsdaleLiving/~3/AJxv1UolPyA/">Get Off The Couch and Look Out Belay</a> =-. Any time Max. Thanks for the comment.
.-= Jon Griffith´s last blog ..Get Off The Couch and Look Out Belay =-.

]]> http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/comment-page-1/#comment-387 Max@Real Estate Fri, 26 Jun 2009 19:28:36 +0000 http://www.realscottsdaleliving.com/?p=551#comment-387 Ah, I never understood the difference between the two before. Thanks for sharing, it was a great and informative post. Ah, I never understood the difference between the two before. Thanks for sharing, it was a great and informative post.

]]> http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/comment-page-1/#comment-327 Jon Griffith Fri, 05 Jun 2009 20:33:17 +0000 http://www.realscottsdaleliving.com/?p=551#comment-327 Charles, that's the absolute truth. In fact, selling short isn't just loss mitigation for the bank, it's loss mitigation for the potential tax liability or deficiency judgment against the homeowner, depending upon their tax and state laws. Charles, that’s the absolute truth. In fact, selling short isn’t just loss mitigation for the bank, it’s loss mitigation for the potential tax liability or deficiency judgment against the homeowner, depending upon their tax and state laws.

]]> http://www.realscottsdaleliving.com/2009/06/03/is-there-a-benefit-to-foreclosure-vs-short-sale/comment-page-1/#comment-326 Charles@Las Vegas Real Estate Fri, 05 Jun 2009 20:25:54 +0000 http://www.realscottsdaleliving.com/?p=551#comment-326 If you know you are heading into foreclosure, you certainly don't have anything to lose by trying to short sale your home. One thing people need to keep in mind when buying a short sale is that the process takes a lot longer than a normal listing. Patience is indeed a virtue. If you know you are heading into foreclosure, you certainly don’t have anything to lose by trying to short sale your home. One thing people need to keep in mind when buying a short sale is that the process takes a lot longer than a normal listing. Patience is indeed a virtue.

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