Where can I find help navigating the short sale process?

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 ... The Short Sales and Foreclosures course is specifically designed to show how you, the real estate professional, can serve as a resource for sellers and buyers. Mar 25, 2025 ... A short sale is when a mortgage lender allows a homeowner to sell their home for less than what they owe on the mortgage. · You won't profit from ... For purposes of this article, a “short sale” transaction occurs when the seller's lender agrees to extinguish the lien for less than the amount due, allowing ... Oct 27, 2021 ... Short sales allow you to dispose off the property to recover part of the money owed, before the lender decides on a foreclosure. The real property transaction falls under the jurisdiction of the Real Estate Commission. The Department of Finance and Real Estate Commission recognize that to ... May 8, 2024 ... A short sale involves selling for less than your mortgage balance and is usually better than foreclosure. Find out if a short sale is right ... If I have a property value that was obtained when I evaluated the borrower for other workout options, can I use the same value for the ... In a nutshell, a short sale is when a seller is attempting to sell their property where the proceeds from the sale will be less than what is owned to their ... Feb 10, 2023 ... A short sale is when a homeowner sells their house for less than they owe on their mortgage. The biggest benefit of a short sale is that the homeowner has a ...