Comments on: How a Short Sale Benefits the Seller

By: Loans

Loans — Wed, 15 Oct 2008 16:19:38 +0000

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By: Real Estate Resource

Real Estate Resource — Wed, 03 Sep 2008 06:25:59 +0000

The seller isn’t making any money at all. The money will just go to so many expenses.

-Jan

By: Short Refinance

Short Refinance — Wed, 27 Aug 2008 20:40:54 +0000

A short refinance is similar to a short sale, but allows the homeowner to refinance into a fixed rate loan with a lower principle balance. We negotiate with your current lender so they will forgive some of their note balance to make this possible; similar to a short sale. Go to to learn more about a short refinance.

By: Foreclosure Short Sales. | 7Wins.eu

Foreclosure Short Sales. | 7Wins.eu — Fri, 27 Jun 2008 01:05:15 +0000

[...] Foreclosure List

By: Heidi

Heidi — Wed, 25 Jun 2008 14:44:53 +0000

Based on the circumstances you presented:

1) Borrower can not afford payment because his loan has adjusted
2) Home is upside down in value

Another option would be a short refinance. They are allowed even if the borrower is delinquent on their mortgage payments because of the rate reset. This would allow the borrower to keep their home.

I enjoyed reading your article. It has a lot of great points. I agree that a short sale is a much better option than a foreclosure.