Posts Tagged ‘why would 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 | 
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