short sale: Short Sales - 04/30/09 06:59 PM
New Market Opening in Real Estate: Short Sales!
Short Sale is an "arrangement" between the current owner of a home and the bank that lent them the money to buy their home to accept an offer for less than the total amount owed to pay off the home. The "deficiency" is the difference between the amount owed and what the bank collects at the short sale.
Most short sales arise when a seller owes more on their house than they can sell it for. The owner of the home then attempts to make an arrangement with their lender to sell the … (1 comments)

 
Keith Cook (RE/MAX Whatcom County, Inc.)

Keith Cook

Bellingham, WA

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RE/MAX Whatcom County, Inc.

Address: RE/MAX Whatcom County, Inc,, www.BuyerMax.com

Office Phone: (360) 647-1313 x 3050

Cell Phone: (360) 739-5600

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Managing Broker - ABR, CRS, SRES RE/MAX Whatcom County, Inc. Bellingham, Washington


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