Short sales are out of vogue and perhaps that’s exactly where they should be in a market with rapid appreciation and multiple offers on ‘turn key’ homes drawing most of the attention. But investors should always
Mixed Response to Short Sale Cash Incentives
January 6, 2012 by
A number of real estate professionals have said that cash-back incentives designed to tempt delinquent borrowers into a short sale rather than foreclose on their homes are proving to be ineffective, because lenders aren’t clear on who can qualify for the scheme