A short sale is an "arrangement" between the current owner of a home and the bank that lend them the money to buy their home to accept an offer for less than the total amount owed to pay off the home. The "deficiency" is the difference between the amount owed and what the bank collects at the short sale.
Berkshire Hathaway Home Services1225 W 190th Street suite 105Gardena,Ca90248
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