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Buying a home through a short sale is similar to buying a foreclosure, but the two processes aren’t the same. In a short sale, the bank or mortgage lender does not evict the homeowner....
What Is a Short Sale: Your Guide to Buying or Selling a Short Sale. Are you considering buying a home or selling a home in a short sale? Read on to find out about how the short sale process works for sellers and buyers.
This guide covers the basics of buying a short sale home, including details about how a short sale works for the seller, to help you decide if pursuing a short sale is worth the extra time and effort.
Buying a short sale can score you a sweet deal on a home. Learn how to make an offer on a short sale that will set you apart from the competition.
A short-sale home can provide potential homebuyers with an affordable housing option. Understand how buying a short-sale home works and if it is right for you.
A short sale in real estate is the sale of a home at a lower price than what’s owed on the mortgage. The transaction requires the lender's approval and is a last resort to avoid foreclosure...
A short sale — sometimes known as a preforeclosure sale — is when a mortgage lender agrees to allow a borrower to sell their home for less than what’s owed on the mortgage. The lender...