buying a short sale in chandler arizona: 8 Things About Buying A Short Sale Property In Chandler Arizona
- 07/26/11 04:21 AM
8 Things About Buying A Short Sale Property In Chandler Arizona A short sale is the process by which a homeowner can sell a house for less money than actually owed on the mortgage(s). There are alternatives to bankruptcy or foreclosure proceedings for homeowners/borrowers who can no longer afford to keep mortgage payments current. One of those options is called a "short sale." Sometimes, to avoid going through the costs of foreclosure, a lender will sanction a short sale by allowing a homeowner to sell (allowing a buyer to purchase) the home for less than the mortgage balance while the home … (2 comments)
8 Things About Buying A Short Sale Property In Chandler Arizona A short sale is the process by which a homeowner can sell a house for less money than actually owed on the mortgage(s). There are alternatives to bankruptcy or foreclosure proceedings for homeowners/borrowers who can no longer afford to keep mortgage payments current. One of those options is called a "short sale." Sometimes, to avoid going through the costs of foreclosure, a lender will sanction a short sale by allowing a homeowner to sell (allowing a buyer to purchase) the home for less than the mortgage balance while the home … (2 comments)
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