Investopedia says: A real estate short sale is any sale of real estate that generates proceeds that are less than the amount owed for the property. A real estate short sale occurs when the lender

A real estate short sale is any sale of real estate that generates proceeds that are less than the amount owed for the property. A real estate short sale occurs when the lender and borrower decide that selling the property and absorbing a moderate loss is preferable to having the borrower default on the loan. It is therefore an alternative to foreclosure. READ MORE

Pin It on Pinterest

Share This

Share This

Share this post with your friends!