Tuesday, November 24, 2009

What is a " Short Sale? "

What is a " Short Sale? " A " Short Sale Payoff " is a sale in which the bank allows the property securing the mortgage to be sold for less than the existing mortgage balance. Buying a short sale may be a little time consuming but may well worth the time and effort. Visit me at www.kerrshomes.com

1 comment:

  1. In the news,the housing market is indicating signs of recovery. That is certainly good news for the Real Estate Industry.

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