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TheSollerTeam
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Post subject: Why does it matter to the lender...  Posted: Wed Aug 01, 2007 10:29 am |
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| Junior Member |
Joined: Sat Jul 21, 2007 5:22 pm
Posts: 29
Location: Washington State, Seattle/Tacoma
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PG 3 #3 Of the Harris U Pamplet
Why does it matter to the lender to accept a SS or not by how many properties
they currently have in default?
_________________
Joey Soller
Associate Broker
TheSollerTeam.com
253-606-6332
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dgrieb
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Post subject: Posted: Wed Aug 01, 2007 6:15 pm |
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If the lender has a ton of properties all ready in inventory and they cannot sell them they will consider a short sale offer rather than adding to an inventory that is not moving. Kind of a bird in the hand, is better than two in the bush.
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