Overpricing the property initially

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 ... A short sale is when you sell a property for less than you owe (or need to pay off all liens). In order to do this your lender (or lienholder) needs to approve ... These forms were created to help, not hinder, the short sale process. The forms are available in the Columbus REALTORS® Member Service Center and via Online ... A short sale is a pre-foreclosure residential real estate transaction where the owner of the mortgage loan, the lender or lien holder (hereinafter sometimes " ... Feb 5, 2025 ... The short sale process is a settlement alternative to foreclosure. A homeowner faced with losing their property may sell the home for less than the outstanding ... A short sale refers to a closing on your home for a purchase price that is less than the payoff on your existing 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. 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 ... Nov 29, 2023 ... A short sale occurs when a homeowner sells their property for less than the remaining mortgage balance, and the mortgage lender agrees to accept ... 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 ...