What Is A Short Sale... A short sale is when a bank agrees to accept less than what is owed on a property.
Are There Any Consequences? Yes. If not, everyone would be pursuing short sales. Here are a few potential consequences...
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Archive for October, 2009
Three Consequences To A Short Sale
When To Consider A Short Sale
A short sale is in many ways like surgery. It is not a homeowners best option... Their best option is always paying their mortgage. However, depending upon one's circumstances, it may be their only option. In this light a short sale can be healthier than foreclosure or bankrupsy.
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