September 9, 2010
Short sale is a term that has become a household term over the last couple years. I have taken some information from the National Association of Realtors website to share it with those who might be a little fuzzy on what a short sale is all about. What is a short sale? A short sale [...]
Read the full article →
April 26, 2010
A short sale is a transaction that occurs when a homeowner owes more in his home that it is worth. For instance: Mr. Jones owns a home on 123 River Street His loan is $250,000 Market value is $200,000 Mr. Jones is $50,000 upside down In order for him to sell his home and pay [...]
Read the full article →