What is a Short Sale?
A short sale, also called "Short Pay" or "Pay Off", is a transaction that allows for the sale of a property for an amount that is less than the amount that is owed to the lender. The bank in return may accept the proceeds as full settlement of the debt.
What is Foreclosure?
Foreclosure is a process in which the estate becomes the absolute property of the lending institution. It is a termination of all rights of the homeowner covered by a mortgage.
TIME is very important....Contact me to see if you qualify! Free short sale services to the seller!!
99% success rate!! List with an Expert!!!
www.remaxann.com for more info!
#01451803
Comments(1)