Naples,Bonita Springs,Estero and Fort Myers ShortSales/Foreclosures
By Dominic Pallini
(Vanderbilt Realty of Naples)
Naples ,Bonita Springs,Estero and Fort Myers Short Sales/Foreclosures Thumbs Up Posted under: In My Neighborhood in Estero | June 3, 2010 1:16 PM | 1 view | No comments Email Alerts Send to a Friend Post to Facebook Post to Twitter RSS View RSS feed So what is a short sale? A Short sale in real estate means that the lender will agree to sell the property for less than what is owed. Because of the variation in qualifications and requirements, not all properties will meet the short sale profile. Here are some qualifications that may need to be met in order to do a short sale. * You have to prove that you can't afford your payment * The lender has to see that the seller will not make any money from the sale * The lender must be willing to either cut their los...
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