Friday, August 13, 2010

Short Sale Myth #5

Myth # 5: That the bank "can't" do X or "has to" do Y.

The bank is being asked to forgive a debt or partial debt, that they are legally due. They can make or demand any kind of deal they feel is in their best interests. They hold all the cards.
For wxample: they can lower the commission rate to the Realtors. They can demand more money from the buyer or seller. They can refuse to pay certain closing costs.

Uncle Fred
please visit my web Site: hppt://www.fredsporch.com

0 comments:

 
Link Resources
eXTReMe Tracker
Southern DE Real Estate | Sussex County Real Estate | Delaware Homes For Sale | Southern DE Homes For Sale |Delaware Lots For Sale | Southern Delaware Property Listings | Sussex County Lots For Sale | Sussex County Property Listings

Southern Delaware Homes is a that specializes in real estate , commercial real estate, selling of homes, buying of houses, townhouses, condos, beach resorts, retirement communities, homes for sale, lots for sale, land for sale, casa, and more. He has property listings in various areas including Delaware, Southern Delaware, Sussex County, Milford, Milton, Millsboro, Lewes, Rehoboth Beach, Bethany Beach, Dewey Beach, Fenwick Island, Georgetown, Greenwood, Bridgeville, Seaford, Laurel, and Delmar.