Communicating with family and friends about the situation

1) A debt management company registration;. 2) A mortgage loan originator license; or. 3) A real estate broker license if they do NOT charge any special fees ... Short Sale Seller Advisory. Questions? Review our frequently asked questions about the consumers process and more. Real estate licensees are involved in short sales, where the sales price agreed upon is less than that owed to lenders by the seller. 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 ... A short sale in real estate is an offer of a property at an asking price that is less than the amount due on the current owner's mortgage. A short sale is the sale of a property for less than the total amount of the loan. This type of sale is completed with the lender's cooperation. Nov 6, 2023 ... A short sale home is a property that's sold for an amount lower than the remaining mortgage debt. The sale is named “short” because the lender ... A short sale can be a viable alternative to a foreclosure for debtors with nonrecourse debt and who qualify for certain exclusions. Be aware, however, that the ... What is a short sale in real estate? A short sale is when an individual sells their property for less than is owed on a mortgage. This is usually an ... 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 ...