Short Sale Real Estate Q & A

From Short Sales Specialist Network / First Coast Associates provide answers to the following questions:
– What are Short Sales?
– Why is it to my advantage to do a Short Sale?
– Can I get any money back from a Short Sale?
– What are the qualifications for a Short Sale?
– What if my home is worth more than my loans, but I could not pay the closing costs?
– If I sell my home short, can the bank come back after me for the money?
– Who will pay the Realtor commission?
– How much work will this take?
– What happens to the money that is forgiven from my lender?
– If I am going through foreclosure, can I do a short sale?
– Can I stay in my house until the short sale is completed?
– Will the bank continue their collection activities?
– What if the terms of the short sale the bank gives me are unfavorable?
– Are there any dangers to be aware of when working a Short Sale?
– Can my current Realtor work a short sale on my home?

get the responses to the answers:

  • Short Sale answers