There are so many questions about the Short Sale especially in today's Real Estate Market. So here is a True Definition of Short Sales from A Licensed Loan Officer and added content from a Licensed Real Estate Agent.
A Short Sale is 19 times out of 20 the result of a Home Owner deciding they are paying too much for their current Mortgage, due to a multiple of reasons: Financial Hardship, Decline of character in the neighborhood, job loss or relocation, or simply in agony by watching investors and new home owners alike buying … (0 comments)
True Definition of Short Sales
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