Curious on How a Short Sale Works?

Real Estate Broker/Owner with Shelter Realty, Inc

by: Paul Rowe

Here in the Las Vegas area where we have one of the highest foreclosure rates in the country, many homeowners have been desperately trying to find a way to stay in their homes. Loan modification is usually the first step.  Up to this point, getting banks to make mortgages more affordable in an area where values are 50% less than they were three years ago has proven to be fruitless in most cases. If it weren’t, people would be modifying and staying in their homes instead...

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Curious How a Short Sale Works?

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