What Is Short Sale?

what is short sale?
I tried the various dictionaries w/ search-engines on this site but no go, surprisingly!
jerry
quite green newbie, LOL, :-0
cool grin

Comments(2)

  • demosthenes4th December, 2003

    A shortsale is when the mortgage company agrees to take an amount less then the loan was for.

  • nebulousd4th December, 2003

    http://www.thecreativeinvestor.com/ViewTopic17446-33.html

    have fun

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