Bank Acceptance Rates Revealed

Esphir Popilevsky
Esphir Popilevsky
Published on August 31, 2024

๐Ÿฆ๐Ÿ’ฐ Wondering how often banks accept short sales? ๐Ÿค” Let’s dive into the process! A short sale occurs when a homeowner owes more on their mortgage than their home’s market value. ๐Ÿ’ธ๐Ÿ’ผ Homeowners can negotiate with the bank to sell for less than the mortgage balance, but the bank must approve and take a loss. ๐Ÿ“‰ This can be a win-win for struggling homeowners and savvy buyers! ๐Ÿ ๐Ÿ’ช Learn more about short sales in my video! ๐ŸŽฅโœจ #ShortSalesExplained #BankApprovalProcess #WinWinDeal #realestateadvice #shorts

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