What is a short sale? In the most basic terms, a short sale occurs when a home is sold for less than what is owed on the existing mortgage – or, when market changes alter the property value to less than what is owed. Real estate short sales are never a first choice in how a home is sold, and rarely a first choice in the purchase of a house, particularly for first time home buyers.
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.
That covers it. But for those thinking of doing a short need to realize the credit ramifications of ruined credit
Mar 19, 2018 03:57 PM
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