Are short sales speculative?

Answer On One Hand: You Can Experience Unlimited LossesAccording to, those selling stocks short can incur infinite losses. Selling short a stock is a bet that it will go down. Exposure to... Read More »

Top Q&A For: Are short sales speculative

Short Sales Defined?

A short sale on a home does not mean a quick sale. A short sale is an agreement between a homeowner and a mortgage company to sell the home for less than the current mortgage balance. A short sale ... Read More »

Accounting for Short Sales?

Short sale properties are those where the seller negotiates with the bank to sell the property for less than the mortgage balance. When completing and closing a short sale transaction, an accurate ... Read More »

Types of Short Sales?

Short sales occur when a homeowner is unable to maintain a mortgage payment and is in danger of losing her property to foreclosure. While a short sale does not allow the owner to keep the property,... Read More »

Short Sales & Bankruptcy?

In a short sale agreement, the borrower and the lender work out a contract allowing the borrower to sell a property for less than the loan balance. A short sale is essentially designed as a foreclo... Read More »