what is a short sale of a home? 7 23 18

How Does a Short Sale Work? The Buyer’s Process and Timeline …

Apr 7, 2017 – First, let’s go over the difference between a short sale and a standard sale. If a homeowner is having financial difficulties, or if the home is underwater, the bank that owns their loan might allow them to sell the property for less than the outstanding mortgage in order to avoid foreclosure. This is a short sale.

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One thought on “what is a short sale of a home? 7 23 18

  1. a short sale is when an owner lives in an hoa owes the hoa and the bank and is allowed to run away from his debt.

    a real sale is when there is an honest owner who paid his bills, and is not running from his debts because he or SHE could not afford to live in his or her hoa ( sounds like STWHOA)
    is allowed to sell his OR HER home and [pay their debt

    Like

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