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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 sie 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 kwi 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 accepts...

3. www.businessinsider.com › personal-finance › mortgagesWhat Is a Short Sale? - Business Insider

   www.businessinsider.com › personal-finance › mortgages

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   22 lip 2024 · A short sale allows a homeowner experiencing financial hardship to sell their home for less than what they owe on their mortgage. Lenders will either forgive the difference or ask for a...

4. www.realtor.com › advice › sellWhat Is a Short Sale? The Long and Short Of It - realtor.com

   www.realtor.com › advice › sell

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   16 paź 2022 · What is a short sale? Simply put, you're selling your home for less than you owe on your mortgage. Here's what home sellers and buyers need to know.

5. www.kapre.com › resources › real-estateWhat Is a Short Sale in Real Estate and How Do They Work?

   www.kapre.com › resources › real-estate

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   In real estate, the term "short sale" often comes up as a strategic and complex transaction. This article outlines the intricacies of short sales, offers strategies for buyers and sellers, and explains how they function and why they happen within the real estate industry.

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 lip 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. www.lendingtree.com › home › mortgageWhat Is a Short Sale and How Does It Work? - LendingTree

   www.lendingtree.com › home › mortgage

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   4 paź 2024 · What is a short sale in real estate? A short sale is when a homeowner sells their home for a price that falls “short” of the outstanding loan amount owed to their mortgage lender. The lender uses the proceeds to cover the majority of the borrower’s mortgage balance when the house is sold.