Beaufort SC Short Sale Consultations!
By Mike Sackman, Realtor, Broker ABR, CRS. Closer!
(MAS Real Estate Advisors)
There is a huge difference between a Foreclosure and a Short Sale. If you are a Seller of a property and just need to talk to someone about your options, who do you call, the originating lender, a friend or family member? All mentioned are good sources of comfort, but not the cold hard facts about the reality in today's housing market. Short sales are becoming a preferred option in selling a home in today's market. There is a negotiation between you(seller) and the lender where they allow you to sell your home at a discounted price and the difference between selling price and amount owed is negotiated for payment. Sometimes the difference is forgiven in total, they may take a percentage of the amount, or they may ask you to pay it back entirely as if you borrowed the money. The Short Sa...
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