Steve Mun Group's Blog – August 2011 Archive (1)

Which do lenders prefer, strategic default or short sale?

 

I got a chance to watch a couple of agents go at it with each other in a real estate forum trying to answer a question about doing short sales.   It was interesting, to say the least.  Besides the two main agents who proclaimed themselves the “experts” and hijacked the conversation, there were a few others who chimed in and made some comments.  But the question was never specifically answered.

 

The question posed was whether a lender will approve a short sale if the…

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Added by Steve Mun Group on August 5, 2011 at 3:00pm — 2 Comments

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