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	<title>Comments on: Lenders Shy Away From Short Sales As Home Prices Rise</title>
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	<description>With the latest on mortgages, refinancing, real estate &#38; home tips</description>
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		<title>By: Kim Carty</title>
		<link>https://realtybiznews.com/lenders-shy-away-from-short-sales-as-home-prices-rise/98721177/#comment-253734</link>
		<dc:creator><![CDATA[Kim Carty]]></dc:creator>
		<pubDate>Wed, 05 Jun 2013 20:44:18 +0000</pubDate>
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		<description><![CDATA[You can&#039;t simply correlate the stats and say the declining number of approved short sales is due to the rising home values. The value of the home is not the major, decisive, factor in a short sale, it is the existence of a borrower hardship.  Since the economy is improving, there may be fewer hardships. And despite what some in the real estate community are espousing, being underwater on your home, does not constitute a hardship.]]></description>
		<content:encoded><![CDATA[<p>You can&#8217;t simply correlate the stats and say the declining number of approved short sales is due to the rising home values. The value of the home is not the major, decisive, factor in a short sale, it is the existence of a borrower hardship.  Since the economy is improving, there may be fewer hardships. And despite what some in the real estate community are espousing, being underwater on your home, does not constitute a hardship.</p>
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