Town Square

Short sales: boon or burden?

Original post made on Jun 15, 2009

In real estate, a short sale occurs when the homeowner sells a property for less than the mortgage -- and the lender agrees to forgive the difference.

This story contains 840 words.

If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.

If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.


There are no comments yet. Please share yours below.