What is a SHORT SALE? A SHORT SALE is when a homeowner faces financial hardship
(can be for any reason) and the property is listed for less than what is owed on the mortgage(s). These can be listed with or without the bank's approval.
SHORT SALES are created to avoid foreclosures.
Each SHORT SALE will be different and will vary from lender to lender.
The most important factor to remember is communication is key
to completing a successful SHORT SALE.
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or any other neighborhood, you are interested in purchasing in.
