The science behind the short sale

A short sale is defined as a sale of real estate property where the proceeds fall short of the mortgage debt owed. While all short sales do not necessarily forgive borrowers’ deficiencies (the amount of the unpaid balance), they are often considered more favorable than foreclosures.

Posted on May 29, 2012 at 4:00 pm
Dustin Keeth | Category: Blog | Tagged , , , , , , , ,