cheap houses: Cheapest Homes In Seattle: The Skinny on Short Sales
- 11/16/08 09:20 AM
There is a lot of buzz in the Seattle media about short sales. So what the heck are they anyway, and how can they save you tens of thousands of dollars on a home? Put simply, a short sale is when a home owner is trying to sell a house, but the proceeds from the sale of the house will not be enough to cover the loans currently owing on the home. So the seller will need to get bank approval once a buyer makes an offer on the home, because the bank will not get all of their money back … (0 comments)
There is a lot of buzz in the Seattle media about short sales. So what the heck are they anyway, and how can they save you tens of thousands of dollars on a home? 
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