Who Approves A Short Sale? If the seller can show the bank that a short sale is a better option than a foreclosure, then the bank will approve it. That is typically how you get an approved short sale. What is short sale approval? When the house you want to buy has been approved for
Can A Short Sale Be Denied? Your lender can decide that you or your property do not qualify for a short sale. It is never required for a mortgage company or bank to accept a short sale payment to satisfy your loan amount. The company can deny your request without citing a reason. What happens
What Does It Mean To Assume A Mortgage Loan? What does it mean to assume a mortgage loan? If mortgage interest rates have risen recently, assumption can allow you to access lower rates as a buyer — or, if you’re the seller, boost the desirability of your house and attract buyers. Fewer closing costs. You’ll