Archive for 'Short Sale News'

What is a Short Sale?

What is a Short Sale?

Posted on 24. Oct, 2010 by admin.

1

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property’s loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the [...]

Continue Reading