What is a Short Sale? A Short Sale is when a lender agrees to accept less then the full mortgage balance for the sale of your home. In other words, when a seller cannot sell his/her house for what they owe.
A short sale is not a foreclosure, and does not affect a seller's credit in the same way as a foreclosure.
The Buckley Jolley Real Estate Team has a division developing that specializes in Short Sales. Call us at 810-229-7000 for more information on Short Sales and on Short Sale listings in Livingston County.
Saturday, December 15, 2007
Helping Avoid Foreclosures with Short Sales
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