• Click here - to select or create a menu
Health is everything – Healthytipshotline.com
Health is everything - Healthytipshotline.com
  • Home
  • Beauty
    Why You Need to Pay Attention to Moles on Your Skin

    Why You Need to Pay Attention to Moles on Your Skin

    Rejuvenate Yourself with a Skin Procedure to Improve Your Confidence

    Rejuvenate Yourself with a Skin Procedure to Improve Your Confidence

    Which Conditions Require The Intervention Of A Dermatologist?

    Which Conditions Require The Intervention Of A Dermatologist?

    A Proven Way to Deal with Your Skin Complications

    A Proven Way to Deal with Your Skin Complications

  • Dental Care
    When to See a Dentist For Wisdom Tooth Extraction

    When to See a Dentist For Wisdom Tooth Extraction

    What You Need to Know About Periodontics

    What You Need to Know About Periodontics

    Replacement of Missing Teeth Using Dental Implants

    Replacement of Missing Teeth Using Dental Implants

    Dental Services Offered by Dr. Dana Samet

    Dental Services Offered by Dr. Dana Samet

  • Health & Fitness
    How to Recognize Whether Your Wound is Infected

    How to Recognize Whether Your Wound is Infected

    Understand the Risk Factors of Varicose Veins

    Understand the Risk Factors of Varicose Veins

    Remedy Your Varicose Veins With These Treatments

    Remedy Your Varicose Veins With These Treatments

    Practical Solutions to Your Vascular problems

    Practical Solutions to Your Vascular problems

  • Men Issues
    Follow the Four Steps to Pick Best First-Vape-Mod in Market

    Follow the Four Steps to Pick Best First-Vape-Mod in Market

    Experience amazing weight loss results by Clenbuterol

    Experience amazing weight loss results by Clenbuterol

    Why You Should Quit Smoking

    Why You Should Quit Smoking

    How to Increase Your Pull Up Strength

    How to Increase Your Pull Up Strength

  • Nutrition
    Items that has been made in the market

    Items that has been made in the market

    Pricing about the Nutrisystem Achievement Strategy

    Pricing about the Nutrisystem Achievement Strategy

    8 Healthy Eating Tips for a Healthy Living

    8 Healthy Eating Tips for a Healthy Living

    Healthy Food Facts You Need To Remember And Apply

    Healthy Food Facts You Need To Remember And Apply

  • Weight Loss
    Ways to Lose Extra Fat

    Ways to Lose Extra Fat

    9 Effective Ways To Lose Weight After 40

    9 Effective Ways To Lose Weight After 40

    CoolSculpting – A Good Solution to Get Rid of Menopause Belly

    CoolSculpting – A Good Solution to Get Rid of Menopause Belly

    Affordable, Non-Invasive Weight Loss: The New Age CoolSculpting Treatment

    Affordable, Non-Invasive Weight Loss: The New Age CoolSculpting Treatment

  • Women Issues
    Surrogacy Specialists in Upper East Side - New York Fertility Institute

    Surrogacy Specialists in Upper East Side - New York Fertility Institute

    The four reasons most women visit the gynaecologist

    The four reasons most women visit the gynaecologist

    The important type of pregnancy tests

    The important type of pregnancy tests

    User modes are available to use the stroller for the infants

    User modes are available to use the stroller for the infants

  • Mail US
Home
Health & Fitness

Benefits of Short Sale for homeowners and lenders

July 10th, 2018 Ralph Ward Health & Fitness 0 comments
Benefits of Short Sale for homeowners and lenders

A short sale is selling a house for less than the outstanding mortgage on it. It is a financial option for the homeowner who is distressed on his mortgage payments.

A short sale is done by the homeowner when the value of a home drops down. The lender like Bank needs documentation before signing to a decision of short sale. The documentation must include the explanation that makes sense for executing the property for short sale. Although short sale might be Lengthy and requires a lot of paperwork. You can find more information on the Short Sale Blog. After approving the negotiation takes place between the buyer and the homeowner. A Short sale tends to be the helpful option for the homeowner.

Table of Contents

  • There are certain benefits of the short sale as following:-

There are certain benefits of the short sale as following:-

1) The bank may release you from debt; however, it may not fully forgive the amount you owe. The lender may hold your accountable awe and pay the amount in installments.

2) For a lender, it would be a better option to recover the portion of a Mortgage Loan then to face a total loss. If the homeowner is not being able to pay the mortgage amount completely then Bank May file a lawsuit against him. Therefore to avoid such illegal complaints, short sale proves to be a better option.

Benefits of Short Sale for homeowners and lenders 1

3) Foreclosure process may bring the homeowner into trouble. If the homeowner is unable to pay the mortgage amount may be due to business loss, divorce or any other issue then he has to go through the foreclosure process which in turn will lead to Bankruptcy. Mortage lenders may not always file for the deficiency judgment in a foreclosure case. The new buyer may agree to pay some amount of mortgage.

4) After the closure is moved to court, various hearing and documentation take place which in turn increases the amount to be paid by the homeowner. Selling a property is also a time-consuming process and therefore it may create a burden on the homeowner. In short sale, the lender can recover some amount and reduce the loss.

5) It is beneficial for the buyers who are willing to buy property at affordable prices. Short sales can help home prices from falling to very low levels. The short sell process is not as tedious as Foreclosure. It lends a helping hand to the homeowner who is unable to pay the mortgage amount.

Facebook Twitter Google+ LinkedIn Pinterest
Previous article Everything You Need To Know About Lasik Surgery Procedure
Next article What to do when purchasing wholesale gym equipment
Ralph Ward

Ralph Ward

Related Posts

How to Recognize Whether Your Wound is Infected

How to Recognize Whether Your Wound is Infected

January 13th, 2021
Understand the Risk Factors of Varicose Veins

Understand the Risk Factors of Varicose Veins

January 7th, 2021
Remedy Your Varicose Veins With These Treatments

Remedy Your Varicose Veins With These Treatments

January 7th, 2021

Leave a Reply Cancel reply

You must be logged in to post a comment.

Timeline
Jan 13th 3:22 AM
Dental Care

When to See a Dentist For Wisdom Tooth Extraction

Jan 13th 3:20 AM
Beauty

Why You Need to Pay Attention to Moles on Your Skin

Jan 13th 3:17 AM
Health & Fitness

How to Recognize Whether Your Wound is Infected

Jan 12th 11:50 AM
Dental Care

What You Need to Know About Periodontics

Jan 12th 10:28 AM
Dental Care

Replacement of Missing Teeth Using Dental Implants

Jan 8th 2:00 PM
Uncategorized

You Have to Hear This About IV Vitamin Infusions

Jan 8th 1:58 PM
Beauty

Rejuvenate Yourself with a Skin Procedure to Improve Your Confidence

Jan 7th 11:03 AM
Beauty

Which Conditions Require The Intervention Of A Dermatologist?

Jan 7th 11:01 AM
Health & Fitness

Understand the Risk Factors of Varicose Veins

Jan 7th 3:28 AM
Health & Fitness

Remedy Your Varicose Veins With These Treatments

Popular Posts
Dianabol and Clenbuterol: Is it A Good Mix
Health & Fitness

Dianabol and Clenbuterol: Is it A Good Mix

Dec 18th, 2017 0
How to Increase Your Pull Up Strength
Men Issues

How to Increase Your Pull Up Strength

8 Healthy Eating Tips for a Healthy Living
Nutrition

8 Healthy Eating Tips for a Healthy Living

Jul 6th, 20150
Cost effective deals from A1Supplements
Health & Fitness

Cost effective deals from A1Supplements

Jan 9th, 20170
How to Look Great With a Sun Kissed Tan
Beauty

How to Look Great With a Sun Kissed Tan

Oct 9th, 20160
Veganism -2 reasons why adopting it makes sense
Weight Loss

Veganism -2 reasons why adopting it makes sense

Dec 21st, 20160
Why You Should Quit Smoking
Men Issues

Why You Should Quit Smoking

Jul 1st, 201537
A Beauty Cream That Works In As Few As 17 Seconds
Beauty

A Beauty Cream That Works In As Few As 17 Seconds

Natural Breast Enhancement
Women Issues

Natural Breast Enhancement

Jul 20th, 20160
A Comprehensive Guide to Teeth Straightening Using Invisible Braces System
Dental Care

A Comprehensive Guide to Teeth Straightening Using Invisible Braces System

Latest Reviews
8.2
How to Increase Your Pull Up Strength

How to Increase Your Pull Up Strength

5902 0
7.5
A Beauty Cream That Works In As Few As 17 Seconds

A Beauty Cream That Works In As Few As 17 Seconds

4619 0
8.4
Revitalizing Your Health with Marvelous Dietary Supplements

Revitalizing Your Health with Marvelous Dietary Supplements

4092 0
9.5
WHAT YOU SHOULD KNOW ABOUT GREEN COFFEE BEAN SUPPLEMENTS

WHAT YOU SHOULD KNOW ABOUT GREEN COFFEE BEAN SUPPLEMENTS

3917 0
6.9
A Comprehensive Guide to Teeth Straightening Using Invisible Braces System

A Comprehensive Guide to Teeth Straightening Using Invisible Braces System

4515 0
  • WELCOME BACK

    Already a member? Sign in with your username.

    Remember Me

    I FORGOT MY PASSWORD

    FORGOT PASSWORD

    Enter your username or email to reset your password.

    SIGN IN