Problems With Buying Short Sales?

Answer A short sale is a real estate sale that allows a home owner to sell a property for less than the total amount owed on the mortgage. It is often used as an alternative to foreclosure when a home own... Read More »

Top Q&A For: Problems With Buying Short Sales

Is there sales tax on buying a new manufactured home in North Dakota?

In North Dakota, sales tax is charged on new modular homes. Although the Motor Vehicle Division does not collect the sales tax, the manufactured home dealer is responsible for collecting all sales... Read More »

What is short buying stock?

Short selling is when a trader essentially bets on a stock and buys it high expecting it to go lower in a relatively short period of time in order to sell it back at a profit.FunctionShort selling ... Read More »

Are short sales speculative?

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 »

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 »