short sales: I'm coming up short on my home sale....What is a short sale?
- 08/26/09 05:17 PM
To all my friends, clients and the confused.... So you want to sell your home, right? You owe more than what you can sell for, don't you? Scary words for someone to hear when getting ready to sell your home. So what are your choices? What can you do? You don't want to risk going into foreclosure or file bankruptcy and risk losing everything. So what happens???? A Short Sale. A short sale is when you need to sell your home, but unfortunately, you end up selling for less than what you owe on the mortgage. Granted, the lender must approve the … (3 comments)
To all my friends, clients and the confused....
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