Currently viewing the category: "Short Sales"

Foreclosure Vs. Short Sale—Homeowner Consequences

The following chart explains the pros and cons of a short sale versus a foreclosure. We attempt to answer the most common questions  homeowners ask when weighing the options of a foreclosure versus a short sale. Some real estate pros would say that foreclosure is never [...]

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On August 20, Freddie Mac confirmed in writing that its servicers are not allowed to renegotiate short sales commissions. According to the policy, as a condition of the servicer’s acceptance of a short sale offer, servicers cannot renegotiate the sales commission below the amount agreed to by the real estate broker and the [...]

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