Laserfiche WebLink
8 | Page <br />Residential Lender-Mediated Sales Foreclosures Properties in which the financial institution has repossessed the home from the owner due to non-payment of mortgage obligations. Short Sales Unique arrangements where the financial institution and in-default homeowner work together in an attempt to sell the home before it is foreclosed upon. In both situations, lenders are highly motivated “sellers”, which can result in discounted asking prices as they attempt to move the assets quickly from the balance sheets. Lender mediated sales are not used in the sales study. <br /> <br />4,103 4,004 <br />4,341 <br />3,810 <br />2938 <br />91 54 22 6 3505001,0001,5002,0002,5003,0003,5004,0004,5005,000 <br />ay2020 ay2021 ay2022 ay2023 ay2024 <br />Comparison of Arm's-Length & Lender-Mediated Sales <br />ay20 -ay24 (Data from pages 7 & 9) <br />Arm's-Length Sales Lender-Mediated Sales