Tag: short sale home
'Buying Short Sale Homes: Advantages And Disadvantages Of This Real Estate Transaction
'Home Buying Tips: Choosing Short Sale Real Estate Properties
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Short sale happens when someone failed to pay his or her mortgage on time due to some financial difficulties. Instead of opting to a foreclosure, the bank may allow the home owner to turn over the property to them, which will then allow the home to be sold as close to its market value as possible.