In my area almost all homes for sale are short sales, and banks aren’t in a hurry to agree on a short sale when they are either able to continue collecting payments from the owner or wait for him/her to default so that they can sell the property at a higher price.
In my area almost all homes for sale are short sales, and banks aren’t in a hurry to agree on a short sale when they are either able to continue collecting payments from the owner or wait for him/her to default so that they can sell the property at a higher price.
Does a large number of short s...