What is a short sale in houses?

Answer The term "short sale" has become a new addition to the public's vocabulary due to the recent housing meltdown. Many people have been left "upside-down" on their mortgages, owing more than their hom... Read More »

Top Q&A For: What is a short sale in houses

What happens to a judgement balance in a real estate short sale in New York state. If there is no equity in the sale will the judgement be released?

In any state, Judgements are usually filed with a court. In order for the Judgement to be released, someone -- preferably the party that filed the Judgement -- must be satisfied before the Judgemen... Read More »

Can you find me a free list for houses for government tax sale?

What is a short sale of land?

In difficult economic times, many homeowners don't have a way to pay their mortgage and utility bills. However, there are alternatives to foreclosure and investors can help homeowners out of crisi... Read More »

What is the meaning of a short sale?

A short sale is a real estate selling practice, where the lender of a mortgage agrees to accept less than the remaining balance due on the loan from the seller. Short sales became prevalent in the ... Read More »