The Definitive Short Sale Article

Real Estate Agent with Berkshire Hathaway Home Services 01323110

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.

Comments (1)

Imran Khan
Berkshire Hathaway Home Services - Gardena, CA


Jun 11, 2008 07:32 PM