Re: How much is too much for a short sale?

Posted by NJD on July 05, 2009 at 11:26:50:

In Reply to: How much is too much for a short sale? posted by SR on July 03, 2009 at 12:38:06:

All lenders want to maximize recovery on non-performing
loans... whether from short sale proceeds, short sale proceeds PLUS soft note, pursuit of deficiency, or foreclose and collect insurance benefits...

If you have assets and are able to pay or repay, now or later, the lender will certainly consider its best, financial interest with regard to those assets.

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