Do you need an appraisal for a short-sale home?

Answer On One Hand: BPOs and Buyer LoansAppraisals help establish a selling price for short-sale property. Their use is twofold in these transactions. A broker price opinion (BPO) is a type of appraisal t... Read More »

Top Q&A For: Do you need an appraisal for a short-sale home

What does a short sale of a home mean?

A short sale is when a seller sells his house for less than the debt owed on it. The lender on the mortgage accepts a less than full payoff on the loan in exchange for removing the debt from its bo... Read More »

What is a short sale home?

A short sale is a real estate transaction that involves the lender agreeing to take less than they are owed to clear up the debt on a home. The loss in the value of a home can put the homeowner in ... Read More »

How to Short Sale a Home?

Do you owe more on your home than it is worth? Can you no longer afford to make the mortgage payment? A short sale may be the answer for your situation.

How to Short Sale Your Home?

You may short sale your most treasured property when you owe more on the total amount of your mortgage than the actual value of the property. Short sales are actually an option for homeowners like ... Read More »