short sale

So you want to buy a short sale?

by Joe Spake on January 28, 2010

Re-posted from http://memphisrealestatebuzz.com Second only to Foreclosures, Short Sales create a lot of buzz among investors and home buyers looking for the almighty good deal. A short sale is a property that is sold for less than is owed on it. Pretty simple concept: you bought a house for $200,000 in 2004, with 10% down. [...]

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