What’s The Difference Between Short Sale And Foreclosure Sales

This article discusses some great advice on telling the difference between short sale and foreclosure.
A foreclosure and a short sale have several differences. A foreclosure potentially can damage your credit and gets put on public record; you also should find out if you reside in a deficiency state or not because that will affect this [...]

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Short Sale Definition And Defining A Short Sale

What Is A Short Sale?

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What is a short sale?  This seems to have more questions than answers.  There are two things that are easy to understand: the need for an experienced Realtor’s assistance, and to know that this is not an easy process.
To put it simply, a short sale is when the bank is willing to take less, or [...]

How Does A Short Sale Work?

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Many people might be wondering “How does a short sale work?”  While there are countless variables, the one thing that is for sure is that banks are rarely interested in foreclosing.  A bank would much rather work out a strategy with a homeowner that is having difficulty, than risk a foreclosure on a property.
So, how [...]

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