Too Late?

Is there a point when it's too late and the bank won't even consider a short sale because they have too much time (and money) invested in the foreclosure?
When would that be? confused

Comments(1)

  • JohnMichael31st January, 2003

    This is a little tough. A lot of factors are considered such as:

    Who the lender is
    What type of discount
    Volume of REO's they may me holding
    How well you sell yourself and the discount
    And so on

    There is no black and white on this issue
    [addsig]

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