What is a Short Sale? A short sale is a sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property. In this case, if all lien holders agree to accept less than the amount owed on the debt, a sale of the property can be accomplished.
...and how is that an advantage to a real estate investor?
Glen Sutherland
A Canadian Investing in the U.S.
ITunes Podcast/ Youtube/ Soundcloud
Google Play/ Spotify/ Stitcher
GlenSutherland.com
Glen@GlenSutherland.com
