Buyer’s Perspective: Short Sales vs. Foreclosures

August 2, 2013

in Home Foreclosures, Short Sales | Tagged , , ,

They are known as “distressed properties,” when in reality they are properties that belong to distressed homeowners. Foreclosed properties and those being sold short are homes that the homeowner can no longer afford, for any number of reasons. If you have your heart set on purchasing from among an area’s distressed properties, you may have [...]

What Does Short Sale Mean?

June 19, 2011

in Short Sales | Tagged

Buying Short Sales: What You Need to Know As the real estate market remains volatile, one of the best options for many new homebuyers is purchasing a short sale home. But, what does short sale mean? A short sale is when lenders have the opportunity to sell a property before the bank forecloses on the [...]