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Northeast OH Short Sales: Are Banks Playing Games With Their Financials?

Northeast OH – Some experts speculate that banks don’t like to approve short sales or loan modifications. Here is why they think that.

They think that lenders are reluctant to speed up short sales or loan mods because they want to hold off the day of reckoning. Let me explain.

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A Common Northeast OH Short Sale Myth: Banks Can't Write Off Too Much Loss At Once

 

Northeast OH – We at the Stop Foreclosure Institute receive emails all the time that go something like this “The Bank’s Short Sale Problems are not that simple.

A bank can’t afford to write off too much loss at once. Also, their investors may not approve the short sale, because they can’t afford . . . → Read More: A Common Northeast OH Short Sale Myth: Banks Can’t Write Off Too Much Loss At Once