Home Business & FinancePersonal FinanceTax Subscribe to RSS
 

What Is A Short Sale?

Answer Question

2 Answers - Sort by: Date | Rating

    I imagine it would be like a garage sale. Only one would be selling shorts. You may want to wash and iron them as this would be more attractive to buyers. Cheers
    0 0

    Naghamadi 

    answered 10 months ago

      It's simply a property sale where the purchase price is less than the amount owed on the home, thus being "short" the payoff amount.  There are some answers to common short sale questions at short sale FAQ.  The seller is asking the lender they owe money to to take less than the pay-off amount as payment in full.
      0 0

      Irvirv 

      answered 4 months ago

        Answer Question - Answers are editable for 5 min.

        If you do not Sign-in or Register your answers will be anonymous,

        your answers may also be checked before going online.

        More

        More

         
         

        Ask a Question via Twitter

        Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

        Blurtit Store

        Get T-shirts, hoodies, caps and more at the Blurtit store

        Blurtit International