What is a Home Short Sell ? By Los Angeles Short Sale Realtor Specialist
To Short Sell a Home means that you owe more on your home mortgage than the property will sell for in today's real estate market and you are asking the mortgage company to take less than they are owed or short of the balance owed. Many homes listed for sale in Los Angeles are selling short.
Common reasons for a Short Sell or Short Sale:
- Relocation
- Divorce
- Loss of income or unemployment
- Illness
- Etc
Why Short Sell?
- Avoid foreclosure
- Save your credit
- No deficiency judgment
- Purchase another home in shorter amount of time
Feel free to contact me if you have any questions about a Home Short Sell in Los Angeles & the surrounding areas. My website also contains FREE information at: www.Short-Sale-Vs-Foreclosure-Help.com
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