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Top Ten Short Sale Questions Asked By Houston & Spring TX Homeowners

Top Ten Short Sale Questions Frequently Asked By Houston & Spring TX Homeowners Question # 1:  What is a short sale?


Short Sales Can Be A Complex Experience for Houston and Spring TX Homeowners
Conducting a short sale on a home with a distressed mortgage can be a complex experience for any homeowner. Knowing one's options in a short sale and understanding the process can make the experience more successful and much less stressful.  To assist homeowners in understanding the process, we have prepared a series of 10 blogs.   Each blog answers one of the top ten short sale questions frenquently asked by Houston and Spring TX homeowners.
 
 
What is a Short Sale?  

 

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth, in other words the home has negative equity or is "upside down". In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions.
A homeowner is 'short' when the ... more

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