Tuesday, 11 September 2012 12:12

This sounds too good to be true!?

It really isn't too good to be true. 

Things that are ‘too good to be true’ usually don’t make good economic sense. Short selling a home when you face a hardship makes good common, and financial, sense for the banks who allow them, and homeowners who use them. The fact of the matter is, Mortgage companies and banks are NOT in the real estate business. They are in the LENDING business. The last thing they want is that property back.  And homeowners with a hardship have no other good options.

Published in Short Sale Questions

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