Buyer’s Perspective: Short Sales vs. Foreclosures
August 2, 2013
in Home Foreclosures, Short Sales Tagged foreclosure, markets, real estate, short saleThey 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?
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 […]