Saturday, August 27, 2011

Patience paying off in short-sale process

Are short sales getting easier?

It's something that's hard to quantify because there are still plenty of horror stories in which a mortgage servicer took months longer than expected to decide on an offer, and the prospective buyers wouldn't wait or couldn't agree on a price.

But there is some numerical and anecdotal evidence that some servicers have grown more interested in approving short sales.

Read the rest of the article at the Chicago Tribune

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