Tuesday, May 4, 2010

How do short sales save the value of neighborhoods vs. foreclosures?


  1. Short sale usually sold while the owner is occupied the home. The new buyer moves in followed the sale. There is no distress REO sign and the house usually looks more appealing.
    Also the sale reported as regular sale and not as REO
    Eli Tene

  2. David Cavarra

    A SS saves the Home Owner, helps the realtor,
    helps the neighborhood, and saves the bank money. A foreclosure can cost the bank a lot of money in attorney fees.