The downsides to short sales include the following: You usually have no idea what amount the bank will consider, so you have to submit an offer blind, without knowing whether you’re even in the ballpark. Click here to read more.. »
How to Successfully Negotiate a Short Sale
When the real estate market slows and home values decline, owners with little equity find themselves owing more than the home will sell for. This is sometimes called negative or upside down equity, and if the homeowner needs to sell, it can get ugly real fast. Click here to read more.. »