short sale expert in charlotte nc: What is a Short Sale in Real Estate in Charlotte NC?
- 01/17/21 06:58 PM
When a homeowner can no longer pay off their mortgage in Charlotte, NC, the house may be foreclosed. However, a short sale is a better alternative to an eventual foreclosure. In a short sale, a house sells for less than, or short of, the amount left on the mortgage. This frees the homeowner of the financial burden of the house. This money is paid directly to the bank and not the homeowner.
When a homeowner is in true financial distress, a short sale may be the best option for all parties. For the homeowner, once they sell the house, they are … (0 comments)
This blog covers everything from Charlotte NC real estate market reports to tips for buying and selling, how to be the best agent, workshops outreaches, and our achievement's and success stories.
This blog is local to Charlotte NC real estate but will have great advice for any agent and homeowner nationwide.
Thanks for reading!
When a homeowner can no longer pay off their mortgage in Charlotte, NC, the house may be foreclosed. However, a short sale is a better alternative to an eventual foreclosure. In a short sale, a house sells for less than, or short of, the amount left on the mortgage. This frees the homeowner of the financial burden of the house. This money is paid directly to the bank and not the homeowner. 
;)
;)
;)
