Toni Arney

What exactly is a Short Sale?

Posted on 02. Feb, 2010 by toniarney.

As a real estate agent I get asked this question often. In today’s current economic condition short sales make-up more than half of all real estate transactions.  A short sale is a term used to describe the sale of a home that falls “short” of the balance owed on a mortgage.  A short sale often occurs when a homeowner or borrower [...]

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