Short Sales

• Common Short Sale and Foreclosure Questions – by Richard V. Mack, Esq.
• Short Sale Transactions
• FAQs on Short Sales & Commissions
• Short Sales - Revised Forms and Resources
• You Have No Business Doing a Short Sale Unless...
• Short Sale and "Regular" Sale - Are They Different?
• Subprime Lending

NAR Resources

• MLS Policy Recommendations (May, 2008)
  During the 2008 Midyear Meetings of the National Association of REALTORS®, the NAR Board of Directors approved recommendations to the NAR model MLS Rules and Regulations (all types) and to Multiple Listing Policy Statement 7.23, Information Specifying the Compensation on Each Listing Filed with a Multiple Listing Service of an Association of REALTORS®. See these recommendations
• Short Sale Work Group Report (February, 2008)
  The Short Sales work group was authorized because existing conditions are creating a large number of sales in which the value of the property may not be sufficient to meet all of the seller's financial obligations... Read more
• Short Sale Workflow (June, 2008)
  The short sale work flow is an educational tool intended to give brokers and sales associates a comprehensive overview of the short sale process (listing, marketing, negotiating and closing properties subject to a potential short sale). Read more