by lizlaurenb | Jan 25, 2024 | Credit
Una venta corta es una transacción de bienes raíces en la que un propietario vende su propiedad por menos del saldo pendiente de la hipoteca. Si bien esta opción puede brindar alivio a los propietarios que enfrentan dificultades financieras, también tiene...
by lizlaurenb | Nov 21, 2023 | Mortgage
A short sale is a real estate transaction in which a homeowner sells their property for less than the outstanding mortgage balance. While this option can provide relief to homeowners facing financial hardships, it also comes with consequences that may affect their...
by Racheli Refael | Jan 9, 2020 | Real Estate
Nobody enters into a mortgage assuming they are going to fall short on their payments; however, life happens and borrowers might need a way out. In serious situations, lenders may elect to foreclose on homeowners who are unable to make their mortgage payments....
by Racheli Refael | Jun 13, 2019 | Real Estate
A short sale is when the mortgage lender(s) agrees to sell the property for a lower amount than the loan-balance remaining. During the worst moments of the 2006 to 2008 real estate crisis, homes sold as short sales for a fraction of their value. Lenders had so many...
