distressed properties: My Thoughts On Short Sales! - 01/16/09 01:44 AM
 
In April of 2008, I published the following article regarding Short Sales:
I imagine by now, you have heard the term "Short Sale" over and over and over again. Today's real estate market has lots of them. (They are really a pre-foreclosure) Most short sales will become REO's (real estate owned by the bank) as they will not sell and will ultimately go through the foreclosure process.
A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for.  The bank must agree to allow the property … (5 comments)

 
Greg Adams, CDPE, SFR, Realtor (Easy Street Realty)

Greg Adams

CDPE, SFR, Realtor

Las Vegas, NV

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Easy Street Realty

Address: 1421 E. Sunset Road, Suite 10, Las Vegas, Nv, 89119

Mobile: (702) 608-3540

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