Submitting a strong and well-documented offer

Jul 31, 2015 ... Short sales are an option for homeowners who are underwater on their mortgage to sell their property, and to avoid going into foreclosure. 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 ... ... need for real estate and mortgage professionals to provide competent assistance to property owners considering a short sale. A “short sale” is a real estate ... A short sale is when a distressed homeowner sells their property for less than the amount due on the mortgage. Short Sale Seller Advisory. Questions? Review our frequently asked questions about the consumers process and more. Sep 20, 2024 ... A short sale occurs when the value of your home is less than the mortgage balance, meaning you owe more than the property is currently worth. 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 is one in which the mortgage lender agrees to allow the home to be sold for less than the value of the mortgage. May 21, 2024 ... A short sale occurs when a homeowner in dire financial trouble sells their home for less than they owe on the mortgage. The lender collects the ... the Property at Closing. 48. 49. Page 2. SSA38-2-08. SHORT SALE ADDENDUM TO CONTRACT TO BUY AND SELL REAL ESTATE. Page 2 of 5. 2.4. Short Sale Acceptance. Short ...