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 … (5 comments)