Short Sale? What is that?

Dated: August 30 2020

Views: 823

short sale is the sale of a real estate property for which the lender is willing to accept less than the amount still owed on the mortgage. For a sale to be considered a short sale, these two things must be true: The homeowner must be so far behind on payments that they can't catch up, and the amount owed to the bank must be more than the current value of the property.

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Wanda & The Torres Team Team - DRE#01822677

We are a team of Realtors with over 15 years of service. We are a bi-lingual team experienced in Equity Listings, REO Listings as well as representing buyer's purchasing distressed Foreclosed and Pre ....

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