Are these practices going to cause a further collapse in the housing market ?
Daniel,I think your right,and know it is causing a lot of Realtors financial pain for lack of closings

Why would sellers want to deal with buyers who use short sales?

Homeowners underwater may benefit from low rates
Deutsche Bank just released a report stating that 48 percent of American homeowners will be underwater by the first quarter of 2011. Maybe that is part of the reason that the Mortgage Bankers Association’s weekly report showed mortgage applications are down?

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