Seller Tools

What's A Short sale?

October 12, 2008

Simply put, a short sale is an agreement between an owner of a property and their lender where the lender will allow the owner to sell the property for less than what is owed.  They are a tool for grantor’s (borrowers) and lenders (trustees) to mitigate loss, or in everyday terms- avoid foreclosure. Sound good?  Well, [...]

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