Thursday, February 18, 2010
Thursday, December 18, 2008
Short Sale Home Sale
If your not sure what a short sale is this post should help. When a property or home is sold for less money than the amount owed to the lien holders this is called a short sale.
Either the seller will have to pay the differance or the lien holder "bank" will need to have some sort of debt foregiveness for this property to close.
Either the seller will have to pay the differance or the lien holder "bank" will need to have some sort of debt foregiveness for this property to close.
Labels:
property,
seller,
short sale
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