WHAT is a Short Sale? WHY would anyone want to do a Short Sale, and even if they did want to, HOW does it work?
What is all this fuss about Short Sales anyway? It’s on the news, your friend did one, and now you’re being told you should do one too.
But WHAT is a Short Sale? WHY would anyone want to do a Short Sale, and even if they did want to, HOW does it work?
The information we will cover is universal to every State in the U.S. and should apply to EVERY Mortgage Company in the Nation. Almost all mortgage companies have a short sale program but the companies that are most popular (or UNpopular some might say) for their Short Sale Programs are: Bank of America, Wells Fargo, Chase, PNC, GMAC, National City, Fifth Third, Citimortgage/Citibank, HSBC, and Wachovia Bank.
We’re going to cover the WHAT, WHY, and HOW of Short Sales so get your notebook out try not to doodle.
- Part 1: WHAT is a Short Sale?
- Part 2: Why Would Anyone Do a Short Sale?
- Part 3: How To Do a Short Sale
Click here to read Part 1: “What is a Short Sale?”