Real Estate Bargains and Deals - Buying a Short Sale

Real Estate Bargains and Deals

Buying a Short Sale Home

A short sale home is one of few options available to a homeowner faced with the possibility of foreclosure. A house becomes a short sale home when the lender is willing to accept less then the total amount owed. A short sale home allows the homeowner to keep his credit integrity because it keeps a foreclosure off of his credit report. It is not a simple procedure, but it is well worth the trouble for the person who is unable to make his mortgage payments. It allows him to pay off the loan by settling with his lender. In a way they both come out as winners.

* * * * * * *

No part of this electronic publication may be reproduced without the express written consent of Webwerxx, Inc. Various attempts were made to verify the accuracy of the information contained in this bulletin, but some information may have changed since publication. Webwerxx, Inc. cannot be held responsible for information that has changed since this publication appeared online.