I had worked in real estate for several years before I had experienced a short sale. A Short Sale, is just that, the homeowner is either in default or about to defau…
Home Selling Questions | The Difference Between a Short Sale and a Foreclosure
I had worked in real estate for several years before I had experienced a short sale. A Short Sale, is just that, the homeowner is either in default or about to default on their mortgage, and they hoping to sell their home for less than what they owe. In other words they want to sell it "short." While the homeowner may get permission from their Lenders to sel…