short sales: What is a Short Sale? - 01/01/11 09:41 AM
I get asked this question very often -- what is a short sale?  It is easy to answer by sending someone a link to a website or several websites that explain a short sale.  Here is how the Columbus Board of Realtors explains it: 
"The term "Short Sale" is used in the real estate business to describe a situation where there is more debt owing against a property than the current market value of the property, and where the seller is unwilling or unable to bring sufficient liquid assets to the closing to cure all deficiencies. In other words, the Seller … (0 comments)

short sales: Roberta Kayne Earns NAR Short Sales and Foreclosure Certification - 01/15/10 07:18 AM
Roberta Kayne with Re/Max Affiliates, Dublin, Ohio has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.
 
According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new "traditional" transaction.  REALTORS® who have earned the SFR certification know how to help sellers maneuver the complexities of … (2 comments)