WebAug 21, 2024 · The advantages of a short sale are like a deed in lieu in that you can reduce the credit score impact and get a new mortgage sooner. You may also be offered a financial incentive to short sell. The drawback is that a short sale may be more time consuming and tedious. However, banks are probably more willing to approve a short sale than they are ... WebWhat's a short sale? Yes, Mary can use the standard forms that her brokerage uses (assuming these forms were originally created or approved by an attorney). ... First Lending originated the loan, but before Robert's first mortgage payment was due, it sold the loan to CitiMortgage. As a loan originator, what market is First Lending operating in ...
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WebMar 28, 2013 · Citibank requires their customer (the borrower on the loan) to contact them directly to initiate the short sale process. The borrower can call Citibank at 1-866-272 … WebWhen you owe more on your home than it’s worth and you need to sell, the transaction in which you will sell your property is called a short sale. You need your lender’s approval to do a short sale because they’ll be … highland way celtic band
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