Posts Tagged ‘why banks not allow short sales’
Why would banks not allow short sales?
August 19th, 2009
What is in it for a bank to not allow a short sale?
I know several people whose banks will not allow them to do a short sale instead of being foreclosed upon. Is there something in it for the banks (tax write-offs?) that makes it more beneficial for them to deny short sales?
Some of the people have had a buyer ready to buy if they were allowed a short sale too.
Posted in Short Sale Questions | 
Tags: banks, banks deny short sales, banks not allow short sales, banks rejecting short sales, benefits of short sales, mortgage companies not allowing short sales, mortgage lenders deny short sales, Short Sale, short sales beneficial for banks, short sales beneficial for mortgage companies, short sales tax write offs, tax write offs, why banks not allow short sales, why banks reject short sale proposals, why deny short sales, why is it better for banks, why reject short sales, why short sales fail, why would banks not allow short sales, why would banks reject short sales | 
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