short sales in rialto ca: WHAT IS A RIALTO CA SHORT SALE? SHORT SALE MY HOME IN RIALTO CALIFORNIA
- 07/13/12 09:16 AM
WHAT IS A RIALTO CA SHORT SALE? SHORT SALE MY HOME IN RIALTO CALIFORNIA What is a Short Sale? A short sale is when a homeowner sells their house for less money than they owe on the mortgage or mortgages. Short selling is an alternative to foreclosure for homeowners/borrowers who can no longer afford to keep mortgage payments current. Sometimes, to avoid going through the costs of foreclosure, a lender will authorize a short sale by allowing a homeowner to sell the home for less than the mortgage owed. Simplified Steps of a Short Sale: Homeowner
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