pitfalls of short sales: Buyer Series – Buying Short Sales – Sweet Deal or Short Changed? - 02/24/09 02:04 AM
With all the recent financial troubles daunting many American families, we've seen a huge increase in listings called "Short Sales."  While short sales can represent a "sweet deal" for the buyer looking to buy a bargain - in many cases, they can be more trouble than they are worth.
A short sale is when a homeowner is unable to sell their home for enough money to pay off their mortgage.  (This is either because they have been loaned more on the home than the market will bear, or because values in the area have decreased substantially.)  … (0 comments)


Lori Day

Lee's Summit, MO

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Infinity Realty

Address: 304 SE Third Street, Lee's Summit, MO, 64063

Office: (816) 554-6368

Mobile: (816) 200-4372

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