So, what is a short sale, and why should I be interested? A short sale is when a home is valued at less than what is owed on the home. Many people are in this situation and it is not a problem, because they have no intention of moving, and can still afford to pay the mortgage. However there are many folks who cannot afford to continue to pay their mortgage. There can be any number of reasons why they cannot afford such as loss of income, divorce, transfer, death, or a mortgage company qualifying them for a loan which they cannot afford. I have been helping families with their short sale needs for over seven years, and have recently earned the prestigious CDPE designation. If you are in need of help with any real estate transaction please don't hesitate to call.
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