Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 11 years ago,
Short Sale Justifiable Percentage
There will not be a uniform number and there are a lot of variables before one can give a concise answer but at what percentage is reasonable for the bank to indulge in a short sale?
Mortgage Owed = $180,000 (sits near Market Value)
2 Years Empty
2- Story, Finished Basement, Garage, 4 BR, 2.5 Baths
2,000SF
7 Acres of Land
Rural Market
$10,000 CAPEX