A short sale is a great way for homeowners to sell their property if they’re lagging on loan payments. With a short sale, a property is sold for a sum less than what is still owed on the mortgage. This is an excellent way to avoid foreclosure. However, there are ...
Maybe you’ve come across Charlotte, NC homes listed as ‘short sales.’ So what are they? Short sale homes are properties sold at a price lower than what is owed on the mortgage. These sales are initiated by the seller, which makes them different from lender-initiated foreclosures.Short sale homes are often heavily ...
Homeowners who aren’t able to pay off their mortgage face a scary dilemma. This is especially true in times when home prices are declining while unemployment is on the rise. This means their mortgage payments are way higher than the value of their home, which takes away selling it  as ...
A short sale occurs when a financially distressed homeowner sells their home for less than the outstanding mortgage balance and has approval from their lender. You might notice a short sale in your area during difficult times when unemployment is high. However: is there a better alternative to a short ...
A short sale in Charlotte, NC, is a better option than a foreclosure. This type of real estate deal often involves homeowners in profound financial struggles. Since they can no longer meet up with their mortgage payments, they can get some relief by putting up their homes for a short ...
A short sale occurs when a homeowner sells their property at an amount lower than the mortgage due. Since it's better than getting your home foreclosed, you may opt to take this route if you’re no longer able to pay your mortgage. Like other short-sellers, you may have questions about ...
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