12 апр. 2022 г. · If it costs more to foreclose over agreeing to a short sale, the bank is very likely to favor the short sale. With foreclosure, a bank takes ...

Most people believe the bank would prefer to go through foreclosure because the bank is giving them such a hard time on the loan mod. Once that same homeowner ...

In many cases, a bank will prefer a short sale because it requires less legal work compared to going through the foreclosure process. When all parties agree, ...

Short sales give people the option to repurchase another home fairly soon; foreclosures have a much more negative impact on a borrower's credit score . Short ...

15 мар. 2022 г. · Lenders that opt for a short sale over a foreclosure can take advantage of saving time, reducing costs, and minimizing back and forth with the ...

21 февр. 2024 г. · They provide a greater return on investment for home buyers and minimize the financial repercussions that both lenders and sellers would face if ...

... short sale vs. foreclosure for homeowners. Short selling does less damage to your credit, is less embarrassing than a foreclosure, and actually lets you ...

8 июн. 2023 г. · Short sales are more cost-effective than foreclosures and make it easier for banks to dispose of "bad debts." According to Moody's Investor ...

25 июн. 2023 г. · Because when a bank takes ownership it debits “other real estate owned” for fair value, credits loans, and debits “loss on OREO” for write-down. How often do banks accept short sale offers? Should I buy a short sale home or a foreclosed home ... What is a short sale? Why do banks not accept them? What happens if a bank does not accept a short sale? Другие результаты с сайта www.quora.com

2 сент. 2023 г. · While short-sale homes are typically sold as is and can be a more controlled method of property sale, foreclosed homes are taken over and sold by the bank.