In a Nutshell, A “Short Sale” is Negotiating with a Mortgage Holder

Anna made $7,000 WHAT IS A SHORT SALE? In a nutshell, a “short sale” is negotiating with a mortgage holder to accept less than what is owed as payment in full. A short sale is my favorite strategy when I have a distressed homeowner who owes the bank close to or more than what the property is worth. [...]