Mortgages Articles Tagged Short Sale

What is a short sale on a house? A short sale on a house is where the bank or mortgagor agrees to accept less than what is owned on the...

With the recent steep decline in the housing market, many homeowners have found it necessary to become familiar with the short sale process. It’s a result of falling home prices,...

If you’ve ever heard someone talk about real estate or mortgages and mention a short sale, you may have asked yourself “what is a short sale on a house?” Short...

With all of the home buying terms being thrown around, you might be asking yourself, what is a short sale and how does it work? A "short" sale essentially means...

Current short sale information may change daily, but the techniques are always the same. Short sale techniques include how to prepare your home, your application and paperwork that is required...

Do you know the difference between a short sale vs foreclosure? As a buyer, knowing the difference can save you time, trouble and cash. As a homeowner, learning the difference...

What is the difference between a deed in lieu of foreclosure vs short sale? Both types of transfers are done to avoid foreclosure. Both have both pros and cons and...