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Bookmark or Share- What is a short sale? | Consumer Financial Protection BureauA short sale, which is a type of loss mitigation, is a sale of your home for less than what you owe on your mortgage. See our handout for more information on how to avoid foreclosure. A short sale is an alternative to foreclosure, but because it is a sale, you will have to leave your home.
- What Is a Short Sale on a House? Process, Alternatives ... - InvestopediaWhat Is a Short Sale? A short sale in real estate is an offer of a property at an asking price that is less than the amount due on the current owner's mortgage. A short sale is usually a sign...
- What Is a Short Sale? - Business InsiderHomeowners who cannot afford their mortgage may benefit from a short sale, which lets them sell their home for less than they owe. A short sale helps you avoid foreclosure. This spares lenders...
- Short Sale: Definition, Example, Risks, and Margin RequirementsA short sale is the sale of an asset or stock that the seller does not own, usually bought in anticipation of a decline in price. Learn the risks and how it works.
- What Is a Short Sale and How Does It Work? - LendingTreeWhat is a short sale in real estate? A short sale is when a homeowner sells their home for a price that falls “short” of the outstanding loan amount owed to their mortgage lender. The lender uses the proceeds to cover the majority of the borrower’s mortgage balance when the house is sold.
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