short sale definition: Orange County California Short Sale Guide - What is a Short Sale? - 04/04/09 09:00 PM

Orange County, California home owners often ask, "What exactly is a short sale?"  Many people have an idea what it means, but there are some interesting ideas percolating out there.  Here are a couple of things a short sale is NOT:
A short sale is NOT a streamlined process so you can close escrow faster. A short sale is NOT a way to get the bank to take less than you owe on your mortgage just because you don't like the idea that you owe more on your home than you could sell it for today.  A short sale IS when the … (7 comments)

 
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Marlene Bridges

Laguna Homes|Laguna Condos|Laguna Real Estate

Laguna Hills, CA

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Village Real Estate Services, Inc.

Office: (949) 363-0901

Mobile: (714) 745-2592

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Marlene Bridges, Realtor® Certified Residential Specialist® Seniors Real Estate Specialist® Real Estate Services Orange County, California (Area surrounding Disneyland)


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