http://www.foreclosurefish.net/foreclosureblog/2008/05/lenders-reluctant-to-do-short-sales/ Free foreclosure help and advice Tue, 07 Feb 2012 06:09:11 +0000 http://wordpress.org/?v=2.5-RC3 http://www.foreclosurefish.net/foreclosureblog/2008/05/lenders-reluctant-to-do-short-sales/#comment-520 Three Problematic Solutions to Foreclosure - Refinancing, Selling, Giving Up | Foreclosure Help Blog Mon, 02 Mar 2009 16:37:38 +0000 http://www.foreclosurefish.net/foreclosureblog/?p=29#comment-520 [...] Another problematic solution to save a house right now is selling on the open market through a real estate agent. In areas that have been hardest hit by foreclosures, property values have fallen sharply (sometimes by 40-50% from peak prices). This has put many homeowners, even those who had significant amounts of equity, underwater. Few buyers are willing to pay the inflated home prices of 2006, but few lenders are really willing to work with borrowers to complete short sales. [...] […] Another problematic solution to save a house right now is selling on the open market through a real estate agent. In areas that have been hardest hit by foreclosures, property values have fallen sharply (sometimes by 40-50% from peak prices). This has put many homeowners, even those who had significant amounts of equity, underwater. Few buyers are willing to pay the inflated home prices of 2006, but few lenders are really willing to work with borrowers to complete short sales. […]

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