colorado 80921 short sales: Colorado Springs 80921 Home Buyers Learn The Difference Between a Short Sale vs a Foreclosure
- 12/27/14 08:25 AM
Colorado Springs 80921 Short Sales and Foreclosures www.HomeBuyersEd.com Although distressed sales have been decreasing on the real estate market since the subprime mortgage crisis, there will always be short sales and foreclosures on the market. In fact, last month according to RealtyTrac’s Foreclosure report, there was the first annual increase in foreclosures since July 2012. So what is the difference between a short sale and foreclosure when you’re the buyer? Here’s a break down of definitions and the benefits of each. What is a Short Sale? A short sale happens when the owner of a property puts their home up for sale (0 comments)
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Kevin A. Guttman-Author, ReverseMortgageSpecialist