short sales: 11 Things About Short Sales I Ought To Never Forget to Tell My Client
- 06/15/10 08:07 PM
Awesome pic by: Jamesterrrr Agents: if you have something to add/edit, please please do so =) Home owners: this is my happy rant post, some of the things here may be outdated once you read it. Consult your attorney and/or accountant to get the best picture of the best solution. Hope it helps... 1. A short sale is any sale of property, usually during the foreclosure process, in which the lender(s) agrees to accept less than the balance due on the mortgage(s) or lien(s) in order to avoid the cost of foreclosure. Per HAFA requirements, the primary lender may not (6 comments)