Books and educational materials on real estate

Nov 25, 2013 ... A short sale, also known as a pre-foreclosure sale, is when a person sells his or her home for less than the balance remaining on the mortgage. Feb 12, 2024 ... A short sale, which is a type of loss mitigation, is a sale of your home for less than what you owe on your mortgage. Dec 10, 2010 ... A short sale is a real estate transaction in which the sales price is insufficient to pay the debt(s) and obligations encumbering the ... However, in this current real estate market, some banks/lenders are not exercising their foreclosure rights and instead have opted for either “loan ... A short sale is where the lender agrees to let you sell your property for less than the amount you owe on the loan to satisfy the debt in full to avoid ... “Homeowners pursue a short sale when they can no longer pay the mortgage, need to move from the property and want to avoid a foreclosure. With a short sale, the ... Apr 23, 2025 ... A short sale is when a homeowner experiencing financial hardship opts to sell their property, with lender approval, for less than the amount ... "Short sale" means the sale of real estate that is subject to a mortgage for an amount that is less than the amount owed to the mortgagee on the outstanding ... Our real estate lawyer based in Shiner and Hallettsville knows how short sales work and will help you determine whether a short sale is your best option. A short sale is the sale of the home for less than the balance remaining on the mortgage. In a short sale, a borrower can sell the home and pay off a portion ...