What is a Short Sale?
A short sale is a term used to describe a seller's situation where the home is being sold for less than the debt owned against the property.
The seller is unable to sell the property unless their bank agrees to accept payment that is less than what is actually owed.
View my short video below -
"Short Sales: A Quick Guide to Avoiding Foreclosure and Saving Your Credit"
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Short Sale Help - Selling Your Illinois Home as a Short Sale in 2014