Short Sale

In finance, short selling (also known as shorting or going short) is the practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them ("covering"). In the event of an interim price decline, the short seller will profit, since the cost of (re)purchase will be less than the proceeds which were received upon the initial (short) sale. Conversely, the short position will be closed out at a loss in the event that the price of a shorted instrument should rise prior to repurchase.
Posts about Short Sale
    • Using Chapter 13 Bankruptcy to Prevent Foreclosure

      Bankruptcy can meet your financial goals in many different ways. To access the debt relief tools that are right for them, however, debtors must identify the specific problems they wish to address. An experienced Missouri bankruptcy attorney can help debtors find the most effective measures for meeting their financial goals.

      www.kcarplaw.com- 10 readers -
  • Loss Mitigation in Bankruptcy Court

    … entered into loss mitigation with the bankruptcy court, the defaulting borrower has the benefit of a mediated discussion with the creditor to determine modification eligibility. During this time, a creditor may generally not file to lift the automatic stay in place on any foreclosure litigation and must negotiate with you in good faith to avoid…

    Ronald D. Weiss, PC- 12 readers -
  • New York Loan Modifications: Restrictions & Denials

    … is greater than the value the home would bring in a foreclosure sale. If pursuing a modification, the lender is supposed to structure the modified payments such that they are both affordable and sustainable for the borrower. HAMP guidelines used to recommend monthly payments be no greater than 38 percent of the borrower’s debt-to-income ratio…

    Ronald D. Weiss, PC- 30 readers -
  • Options If Your Modification Application Was Denied

    … information for the best chance at being approved. Explore Other Loss Mitigation Options If your lender believes that even a loan modification will not help you to afford your payments, there are still options available to avoid foreclosure and sell you home on your own terms without the involvement of the courts. Two main options are a short sale…

    Ronald D. Weiss, PC- 13 readers -
  • The Expiration of HAMP: What Options do Homeowners Have Now?

    … the expiration of HAMP. In addition, if you do not qualify for a loan modification, there may be other negotiable solutions to avoid losing your home to foreclosure, including filing for bankruptcy or a potential short sale. At the Law Offices of Ronald D. Weiss, P.C., we understand the many tools that can help resolve your financial difficulties so…

    Ronald D. Weiss, PC- 11 readers -
  • Possible Solutions if Your Mortgage is in Default

    … costly for the borrower, resulting in late fees, damage to your credit score, and, possibly, foreclosure. A mortgage servicer can also charge you several “default-related fees,” such as personal property inspections, property preservation services, and foreclosure costs, including attorney’s fees and property title search fees. Luckily, your…

    www.kcarplaw.com- 15 readers -
  • St. Louis Mortgage Violations

    … in an attempt to get a loan modification that did not come to fruition Miss out on the opportunity to pursue other alternatives to foreclose such as a short sale or a deed in lieu of foreclosure. If your mortgage servicer committed a violation mentioned or is otherwise improperly handling your loan modification, it is important to speak…

    www.kcarplaw.com- 12 readers -
  • "Short Sale" of Real Estate

    …Jordan E. Bublick is a Miami Bankruptcy Lawyer - North Miami - Aventura Office - (305) 891-4055 A short sale involves the mortgage lender agreeing to allow a homeowner to sell his real property for a price less than enough to payoff the mortgage in full. That is, the lender agrees to release its mortgage lien on the property for an amount less…

    Miami Bankruptcy Law Blog- 29 readers -
Get the top posts daily into your mailbox!