real: What to know about Utah short-sales. - 05/17/16 12:42 PM
What is a Utah short sale?A real estate short sale is a process where the lender allows a homeowner to sell a property for less than the mortgage balance. In a short sale the lender agrees to accept proceeds from the sale that fall "short" of the amount owed on the property‚Äôs loan. Lenders only agree to short sales if they receive a full and complete package meeting the specific guidelines of that particular lender.Why do lenders agree to short sales?Why would a lender agree to take less than what is owed to them? The foreclosure process is long and costly … (20 comments)

 
Bret  Murie, Buying and selling real estate (Carte Blanche Realty)

Bret Murie

Buying and selling real estate

Cedar City, UT

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Carte Blanche Realty

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