What is a short sale? New Jersey Real Estate

A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender. Please contact James Rembish at (908) 462-4802 for a confidential appointment or visit www.jamesrembish.com.

Posted by James Rembish on 08/13/2008 12:29 PM

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Real Estate Agent: James Rembish (RE/MAX)

James Rembish
Union, NJ
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