These times are certainly trying for us all, for sure. Many people are on the brink of foreclosure, just a short step away from personal financial disaster, and this leaves me thinking, wait…there is a way for them to avoid foreclosure. But most of these hapless and unlucky folks have no idea as to what is a short sale. I used to be in the dark myself until several close... Read More
Every day there are being record numbers posted about families who are facing foreclosure amid these very trying financial times that we live in currently. As more and more people struggle to make ends meet, many of them are faced with losing their homes due to the fact that they can no longer afford them. This is where many people are wondering what is a short sale and... 
Homeowners aren’t the only people who mistake the difference between a short sale and a foreclosure. Even real estate agents sometimes ask, what is a short sale. The main difference is that when a foreclosure takes the place the lender takes back ownership of the property placing it in the real estate owned category. A short sale is anytime that a home is sold for less... 
Those that are tired of hearing about short sale forms and opportunities in the media need to take a moment to read this post where I will define what is a short sale and the structure that they operate within. First off, a short sale is an arrangement between homeowner and lender where the lender accepts a price below what is owed so that both parties can avoid a complete... 
If you find yourself in the position of where you owe more money on the note of your home mortgage than the actual value and worth of the home itself, you can join the club of hundreds of thousands of other homeowners who share your grief. As many realize their homes have lost great value, they find themselves wondering what is a short sale? Basically to answer the common... 
