Category Archives: Short Sales

Sellers who owe more on their home than it is worth often choose to try a short sale, which requires approval from the bank to sell for less than what is owed. These deals can be good for both the buyer and seller, but before entering into one, there are some important considerations a buyer …

Deciding to try a short sale is an important decision. Underwater homeowners often consider this alternative to foreclosure. It can be the answer to a tough financial situation, but it’s not for everyone. Here are four important questions to ask before making the decision. What is your credit score? A short sale will drop your …