Are you looking for a short sale definition? In the simplest terms, it means selling your property for less than the loan amount owed. When the homeowner and a buyer agree to a price less than the mortgage amount, sometimes a bank will release the property for the lower amount. The reason a lender would take less is because it helps all main parties involved - the seller, the buyer and the lender. If you own Branson real estate or Table Rock Lake real estate and you're considering foreclosure, please think about the possibility of a short sale.
Many people wonder why a lender would take less for
I'm Charlie Gerken and I've been helping buyers and sellers with short sales when it comes to Branson real estate and Table Rock Lake real estate. If you're considering buying or selling a short sale home, please contact me for more information. There's no cost and no obligation to confidentially examine your situation. Get started by contacting me today.