Pre-Short Sale Preparation
This video of the course introduces you to the Short Sale Process and how the property moves from default to sale.
It is important that you have a working knowledge of the systemic process of a foreclosure.
In order to complete a successful short sale you need to speak “bankerese” we’ll spend some time speaking about the role that Loss Severity plays in the acceptance of a short payoff request and why it’s important you learn and comprehend this.
Related Reading:
Home Prices and Loss Severity on Defaulted Loans — Seeking Alpha Feb 4, 2009 … What is surprising, though, is the historical connection between home price appreciation (HPA) and loss severity, i.e. the actual loss …
Loan Loss Severity and Optimal Mortgage Default. Panel A presents loss severity as a fraction of loan balance for the loans … The results in columns 3 and 4 rely upon loss severity rales …
Short Sale Tip # 8: The Role of Loss Severity In Short Sales Feb 27, 2008 … Short Sale Seminar, Short Sale Tip Series, Short Sale tool, Short Sales, make money with short sales,
Wells Sees 60-70% Loss Severity in Option-ARMs « HousingWire Oct 9, 2009 … “Several of our investors have questioned the current loss severity in light of negative amortization and home price decline,” researchers …
