Will I definitely be able to avoid a deficiency judgment with a short sale?

Court-ordered sale e. Sale in lieu of foreclosure f. Condemnation g. Short sale h. Bank REO (real estate owned) i. Auction sale j. Seller/buyer is a relocation ... Discover the newest listings for short sale in Washington with results updated every 15 minutes directly from the NWMLS. However, in this current real estate market, some banks/lenders are not exercising their foreclosure rights and instead have opted for either “loan ... A short sale is when a mortgage holder agrees to take less than what is owed by a seller who is having a financial hardship, the home is worth more than market ... Apr 1, 2025 ... A short sale is where a homeowner sells their home for less than the amount they owe on their mortgage, with lender approval, to avoid ... Jan 28, 2019 ... During a short sale, the seller has received permission from the bank to sell the home for less than is currently owed on the mortgage. In a ... This course provides with a deep understanding and knowledge about Short Sales, Foreclosure, and their impact on real estate clients. Jan 10, 2023 ... In essence, a short sale is a loss mitigation strategy used to avoid foreclosure. Usually, it occurs when the owner of a mortgaged property ... A Short Sale (Short Sale) is a transaction in which any Lien Holder releases its Lien against the. Property and (1) accepts an amount less than the full amount ... “Homeowners pursue a short sale when they can no longer pay the mortgage, need to move from the property and want to avoid a foreclosure. With a short sale, the ...