what is short sale?..

Business & Finance
Tutor: None Selected Time limit: 1 Day

what is short sale?............................................

Sep 1st, 2015

Thank you for the opportunity to help you with your question!

Short Sale is defined as "a home that is listed for sale at a price lower than the amount owed on the mortgage" by Redfin.

https://www.redfin.com/definition/short-sale

On the website, it says that homeowners will try a short sale as to avoid going into foreclosure.


Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 1st, 2015

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