Archive For August 20, 2015

Difference Between a Foreclosure and Short Sale

Difference Between a Foreclosure and Short Sale

There are still plenty of short sales and foreclosed homes on the market, despite the housing market being largely recovered. While the bank is involved in both short sales and foreclosure, it’s important to know that these two terms are very different– and result in a far different buying process! Here’s how these distressed properties work:…

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