Buying a Short Sale: What It Is, Where to Find One, & How to Finance It

Buying a Short Sale: What It Is, Where to Find One, & How to Finance It

A short sale is a real estate sale in which the profits made are less than the existing loan on the property. A short sale typically occurs at or below market value and is successful only when the lien holder agrees to accept less than what’s owed. Short sales commonly occur when a seller is…

The post Buying a Short Sale: What It Is, Where to Find One, & How to Finance It appeared first on .

0
Like
Save

Comments

Write a comment