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How to Use a Short Sale to Stop Home Foreclosure and Protect Your Finances
The guide millions of "underwater" homeowners have been waiting for
The perfect primer for new and experienced home sellers, How to Sell Your Home With a Short Sale is a step-by-step guide for successfully negotiating the tricky but useful process of short selling a home.
The housing industry is only getting worse, and it is estimated that 7.5 million properties are worth less than what their owners owe. One of the nation's top real-estate gurus explains in clear terms how property owners can get a lender to accept a "short payoff"-- i.e., a price that is less than the outstanding balance on the mortgage--which serves the dual purpose of dumping devalued property while protecting credit.
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McGraw-Hill Companies, The
May 27, 2009
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