buying foreclosures: Why do they call it a Short Sale if it takes so long??? Stamford Short Sale Solutions....
- 03/08/10 10:30 PM
As a traditional broker who has now shifted my PRIMARY focus to Distressed Homeowners and Foreclosure prevention, I get asked this question all the time. Sometimes it's a buyer joking around, and sometimes they are serious. I thought I would give a brief explanation of what a short sale is, and why it takes so long, so if and when you submit an offer on Stamford short sale, you will know what to expect!
Here's a snippet from my NicoleHelps.com Website:
A homeowner is 'short' when the amount owed on his/her property is higher than current market value. A (2 comments)