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All About Short Sales
What Is A Short Sale?
A short sale is when more is owed then the current value
How Will It Help The Homeowner?
With a bank accepted offer it may stall foreclousre
How Does A Short Sale Affect My Credit Score?
Less damaging then a foreclosure
Who Pays The Realtor Fees?
The mortgage company or bank
Who Does The Negotiating?
The realtors negotiate with the buyers, banks and the short fall on the owner's behalf
What Is A Short Fall?
The difference between the sales price and the loan balance