A short sale means the seller's lender is accepting a discounted payoff to release an existing mortgage.When a property is listed as a sale with short sale terms does not mean the lender will accept your offer. When dealing with a short sale the homeowner is no longer involved in the negation of the sells price.Your agent can do research to find out who is on title, whether a foreclosure notice has been filed and how much is owed. This is important because it will help you to determine how much to offer.
Adore Realty
13089 Peyton Dr. Ste. C-224
Chino Hills, CA 91709
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