How To Sell A House By Short Sale
Some homeowners may need a short sale in certain instances. A short sale is the sale of a home at its fair market value, even though the seller’s mortgage is greater than that dollar amount. There are many reasons why this occurs. The seller may need to sell their house due to bankruptcy, divorce, sudden change of job or income, or other circumstances. This may make the home harder to sell, but it’s not always impossible.