
Inflation, unemployment, illness, and countless other factors can make it difficult for homeowners to make ends meet. Consequently, some owners end up selling their homes for less than the amount that is still due on their mortgage. This is referred to as a “short sale.”
For homebuyers, a short sale can present a valuable opportunity. However, buying property through a short sale is not without risk.
Possible Advantages and Disadvantages of Buying a Home Through a Short Sale
The main reason that someone would consider buying a short-sale home is that it will likely be available for much
Continue Reading Buying a Home Through a Short Sale: Understanding the Risks and Benefits