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Jun 5, 2013 ... WASHINGTON, DC – Fannie Mae (FNMA/OTC) introduced a new tool to help real estate professionals successfully close short sales. The real property transaction falls under the jurisdiction of the Real Estate Commission. The Department of Finance and Real Estate Commission recognize that to ... 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 ... Dec 5, 2024 ... A short sale is when the borrower or homeowner sells a property for less than what they owe on it. They're “short” on the amount to be repaid to the bank. Short Sale Seller Advisory. Questions? Review our frequently asked questions about the consumers process and more. 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. Jul 18, 2022 ... A short sale happens when a homeowner sells real property for less than the full amount owed on the 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. Description · This course is the main requirement for the Short Sales and Foreclosure Resource (SFR®) certification. · Please note there is a one-time ... Mar 21, 2025 ... A short sale happens when a homeowner sells their house or other piece of real estate for less than they owe on their mortgage to avoid foreclosure.