short sale

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0Yes

July 03 2009 - Delray Beach
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Answers (1)


Hi tkh75bu -

A "Short Sale" happens when the property sells for less than what the current owner owes on the mortgage. This kind of transaction is normally being used to avoid having a bad record when the home is facing foreclosure, but still it is subject for approval by the bank.
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0Yes

July 07 2009
 

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