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How do you know it’s a short sale?

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Buyers, in case you are wondering how you would know which home is in a short sale (pre-foreclosure) situation, here’s a useful tip: Check the listing description text. If somewhere in the text you see the following lines, the property is a short sale: Pin It

About Short Sales and Shoes

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Here’s the truth about short sales: they are tricky, and not just because their misleading name. Just for the record, “short” does not refer to the time frame in which the transaction will be completed! “Short” stands for the owner being short on their mortgage therefore asking the bank to take a loss as he […]