Friends,
It’s Halloween season… and along with all the scary trick-or-treaters out and about, some people are facing a bigger fear – foreclosure!
Unfortunately, the housing crash of 2007 was a dire time for many. It made foreclosures a normal occurrence.
When homeowners get into a desperate situation, often with a property they can’t afford, foreclosure can feel like the only option.
But there are other options…
For example, have you ever heard of a short sale?
A short sale is a method where you sell a home for less than the balance owed on the mortgage.
As buyers, sometimes you can find houses at a bargain price.
The only problem, these short sales can be complex. The article below breaks down the details…
https://home.howstuffworks.com/real-estate/selling-home/short-sales.htm
The article is four pages… it’s a bit long, but it’s a great read!
Good Investing,
Brian
Publisher
real-estate-research.com