Acting in the best interest of their client

Dec 5, 2023 ... A short sale is a type of property transfer that occurs when a property is sold at a lower amount than what the homeowner owes on their mortgage ... Jan 9, 2025 ... A short sale in real estate occurs when a homeowner sells their property for less than the remaining balance on their mortgage. A short sale occurs when a homeowner sells their property for less than what they owe on their mortgage. For sellers, it's a way to ... A short sale is when a mortgage holder agrees to take less than what is owed by a seller who is having a financial hardship, the home is worth more than market ... Real estate licensees are involved in short sales, where the sales price agreed upon is less than that owed to lenders by the seller. This course provides with a deep understanding and knowledge about Short Sales, Foreclosure, and their impact on real estate clients. Q: What is a short sale? A: A short sale is a real estate transaction in which you sell your house and your mortgage lender agrees to accept a price less ... Jan 28, 2019 ... During a short sale, the seller has received permission from the bank to sell the home for less than is currently owed on the mortgage. In a ... Jun 5, 2013 ... WASHINGTON, DC – Fannie Mae (FNMA/OTC) introduced a new tool to help real estate professionals successfully close short sales. Though a short sale is classified as the sale of a distressed property, the home typically remains occupied by the primary resident up until closing. This means ...