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WHAT IS A SHORT SALE?

By
Real Estate Agent with Keller Williams Realty - Bellevue 89879

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.

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Five Star Professional 2012

 


by Dan Edwards find me on Google+

The Eastside Real Estate  Team Blog

Dan Edwards provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit The Eastside Real Estate Team to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding areas.

 Whether your real estate needs are big or small, know that you can turn to me in confidence to ensure a five star experience!

Dan Edwards, REALTOR, GREEN, CDPE, CNE 425-200-4093

 

 

William Feela
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
Anonymous
Elite Properties

Short, crisp and to-the-point information. You have explained short sale in a very nice manner. Helpful. Thanks for sharing.

Mar 20, 2018 08:08 AM
#2