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1. www.investopedia.com › terms › rWhat Is a Short Sale on a House? Process, Alternatives ... -...

   www.investopedia.com › terms › r

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   26 Αυγ 2024 · In real estate, a short sale is an asking price for a home that is less than the amount that is due on its existing mortgage.

2. www.bankrate.com › mortgages › short-saleWhat Is A Short Sale? - Bankrate

   www.bankrate.com › mortgages › short-sale

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   24 Απρ 2024 · A short sale — sometimes known as a preforeclosure sale — is when a mortgage lender agrees to allow a borrower to sell their home for less than what’s owed on the mortgage. The lender...

3. www.wsj.com › buyside › personal-financeWhat Is a Short Sale and How Does It Work? - The Wall Street...

   www.wsj.com › buyside › personal-finance

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   24 Οκτ 2024 · A short sale can let homebuyers purchase a house at a lower price and help homeowners get out of an underwater mortgage. ... The lender must review the purchase agreement before the sale can take ...

4. www.consumerfinance.gov › ask-cfpb › what-is-a-short-sale-en-290What is a short sale? | Consumer Financial Protection Bureau

   www.consumerfinance.gov › ask-cfpb › what-is-a-short-sale-en-290

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   2 Φεβ 2024 · A short sale is an alternative to foreclosure, but because it is a sale, you will have to leave your home. If your lender or servicer agrees to a short sale, you may be able to sell your home to pay off your mortgage, even if the sale price or proceeds turn out to be less than the balance remaining on your mortgage.

5. www.thebalancemoney.com › the-complete-short-sale-process-1799195The Complete Short Sale Process from Beginning to End - The...

   www.thebalancemoney.com › the-complete-short-sale-process-1799195

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   19 Οκτ 2021 · A short sale means that the lender has agreed to sell the property for less than the outstanding mortgage balance against it. With a short sale, there's typically a certain process that both the bank and the seller go through.

6. www.zillow.com › learn › short-saleWhat is a Short Sale? Buyer & Seller Guide | Zillow

   www.zillow.com › learn › short-sale

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   31 Ιουλ 2015 · When you owe more on your home than it's worth and you need to sell, the transaction in which you will sell your property is called a short sale. You need your lender's approval to do a short sale because they'll be accepting less than they're owed at closing.

7. corporatefinanceinstitute.com › resources › commercial-real-estateShort Sale - Overview, Requirements, Process, Reasons

   corporatefinanceinstitute.com › resources › commercial-real-estate

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   A short sale refers to a real estate transaction that may occur when a homeowner is financially distressed to the extent that they can neither make their remaining mortgage payments nor can they sell their home for a price sufficient to pay off all lienholders.