Let’s face it: The housing market is tough right now. Home prices are high, interest rates are up, and many people are finding it harder than ever to afford the house of their dreams. It's no wonder ...
A short sale could benefit a seller, especially if the alternative is foreclosure, but there are some drawbacks Written By Written by Contributor, Buy Side Angela Mae is a contributor to Buy Side and ...
The practice causes severe havoc on credit, results in erroneous coding of a foreclosure for a short sale and delays consumer rebound for new credit and re-entry into the housing market. And, it can ...
A Ballard construction site has been plagued by a series of thefts over the past four months, with the most recent incident occurring on New Year's Eve. Two-alarm apartment fire in Seattle forces ...
GOBankingRates on MSN

What Is a Short Sale?

When a homeowner has gotten behind on their mortgage payments, they might do a short sale to avoid foreclosing on their home.
A short sale is the sale of a security that the seller does not own. This is a highly speculative form of trading where the seller believes that the price of a security is going to fall and they will ...