if any The timeline for a short sale depends on many factors, such as how long it takes to gather the appropriate documentation, receive a suitable offer and complete the final approval process.

In addition, timelines can be very different from ... lenders are growing more and more efficient in expediting the short sale process. “Banks have committed to the short sale process, and ...

If you owe more on your home than it's worth, you may be hearing a lot about short sales. That's when you sell your property for the current market value, even though that's less than your mortgage.

Before the process can begin, the mortgage lender must sign off on a decision to execute a short sale, sometimes termed a pre-foreclosure sale. The mortgage lender, typically a bank or credit ...

Laws also stipulate the timeline and the process for a bank to sell the property. Unlike most short sales, some foreclosures take place on vacant homes that have been abandoned by defaulted ...

Realty agents who specialize in short sales say setting mandatory timelines is a step in the ... he now sees from banks — but the whole process will still take longer than traditional sales.

“FHFA and the enterprises are committed to enhancing the short sales and deeds-in-lieu process as additional ... Director Edward DeMarco. “These timeline and borrower communication ...

Realty agents who specialize in short sales say setting mandatory timelines is a step in the ... he now sees from banks — but the whole process will still take longer than traditional sales.

Realty agents who specialize in short sales say setting mandatory timelines is a step in the ... he now sees from banks — but the whole process will still take longer than traditional sales.

He says: “The current process for short sales is an absolute crapshoot. Real estate agents, buyers and sellers enter into a pending sale with no definitive timeline. Some lenders are better than ...

A new Senate bill aims to speed up the short-sale process by requiring mortgage lenders or servicers to respond within a mandated timeline or face potential fines. The bill, introduced late last ...