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Short Sales - What are they?

By
Real Estate Agent with Team Newton

What is a "Short Sale" in the real estate industry?  This is a question asked by many consumers who own homes.  A short sale is when the lender will take a lower pay off of the home than what is owed.  The reason the lender will do this is because it cost the lender THOUSANDS of $$$ if the property goes back to them.  If you find yourself looking down the barrell of a foreclosure, contact a real estate agent who specializes in this area.  Jonathan Newton, Team Newton, in the Shreveport/Bossier City area specializes in getting their clients property sold in short sales.

If you need councel on helping you or know of someone who is facing a foreclosure, give them Jonathan Newton, Team Newton's name and number.  Call now (318) 213-0410 or email info@teamnewton.com for a free consultation visit.  Don't let a foreclosure keep you from buying a home for many years down the line.  Visit us online at http://www.TeamNewton.com.