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Posted by on Jan 7, 2010 in FAQ, Why Do Short Sales Fail | 0 comments

The Number 1 Reason Short Sales Fail

The Number 1 Reason Short Sales Fail

The Number 1 Reason Short Sales Fail

Short Sales are actually a high percentage transaction when all the steps are followed. However, the media has promoted that there are a large number of short sales that are not getting approval. I can only speak from our team’s experience which includes over 100 transactions, that the number 1 reason that short sales fail is related to the seller not being aware of their responsibilities to provide documentation to the bank regarding their situation.

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