Premier Real Estate » short sale offer http://premiermeansbusiness.com Premier Means Business -- Prime Real Estate! Fri, 18 Nov 2011 09:12:16 +0000 en hourly 1 http://wordpress.org/?v= Understanding A Short Sale Mortgage Offer: 2 http://premiermeansbusiness.com/2009/understanding-a-short-sale-mortgage-offer-2/ http://premiermeansbusiness.com/2009/understanding-a-short-sale-mortgage-offer-2/#comments Tue, 09 Jun 2009 00:00:49 +0000 Heather http://premiermeansbusiness.com/?p=81 key-cropNow that you understand exactly what a short sale offer is, you now need to know who can accept these offers and what you should do with them if you do encounter one.  First and foremost, you need to make sure that you forward the offer over to your mortgage lender; they are going to be the ones that are going to approve or deny the short sale offer.

The reason that they get to choose is because there are many different factors that they are going to consider.  The value of the home, how much equity is in the home, how many mortgages are on the home right now – all of these are factors that the mortgage lender are going to consider.

Short sale offers and mortgages are being accepted more and more nowadays and when you encounter one, do not be scared – just forward it onto your mortgage lender and let them decide!

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