09.03.10
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Deena & Doug Willis
CA Lic #01334541 & 01354143

Serving the Pasadena Community

626-432-4615

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Pasadena Real Estate

$540,000 is the median price of a single family home in Pasadena

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Posts Tagged ‘Will the lender approve my short sale’

There’s a Reason It’s Called a “Short Sale”

Sunday, April 5th, 2009
A Short Sale is contingent upon the lender's approval

A short sale is defined in the real estate dictionary as “definitely maybe”. The name of this transaction that elicits groans from real estate agents got me to thinking why is it called a short sale?
Is it because you are always one document short of what the bank requires even though you provided the last [...]

Pasadena CA Real Estate

©2007-2008 Doug & Deena Willis
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