The "short" in short sale simply means that the amount paid at the sale of a property on behalf of the borrower for an outstanding mortgage is less than the amount owed. But there is nothing "short" about the process. In fact it should be called "long sale" because real estate professionals who specialize in short sale transactions are well aware that - patience, diligent follow up and a long wait - is the name of the game.
The current Real Estate…
ContinueAdded by Owen McGab Enaohwo on March 15, 2010 at 2:36pm — No Comments
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