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[photo:listing:19847934]
Desirable South Lawrence Townhouse
• 984 sq. ft., 2 bath, 2 bdrm 2 story
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MLS®
$72,500
South Lawrence, Lawrence
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Affordable and spacious South Lawrence town house, located right on the North Andover Line. Clean and fresh this ...
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>Dfinition of a short sale: A short sale
of a property is where a homeowner must sell their home due to a
hardship (usually financial) for less money than what is owed to the mortgage
holder(s). In a short sale the seller
must get permission from the lien holder(s) to sell for less money than what is
owed.
Many times their can be ...
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[photo:listing:15776254]
• 3,328 sq. ft., 3 bath, 4 bdrm colonial
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MLS®
$460,000
Ayers Village, Methuen
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Beautiful, modern colonial, set back on its own private oasis. Built in 2005 this home offers plenty of space, large eat in kitchen, many rooms with hardwoods and ...
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There is a lot of confusion surrounding the tax liability in regards to the forgiveness of debt when it comes to a short sale.
First off it is important to state you are concerned about the tax liability in a short sale, you should definitely talk to your accountant. Nothing surpasses professional advice.
In 2007, President Bush ...
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[photo:listing:15491888]
• 985 sq. ft., 1 bath, 1 bdrm other
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MLS®
- Stunning LoftJust Reduced- $79,000
Downtown, Haverhill
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Stunning downtown loft with a one minute walk to the train station. Large windows, high ceilings and exposed bricks make this loft and ...
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North Tewksbury, Tewksbury
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Announcing a price reduction
on 41 Floyd Avenue, a 2,052 sq. ft., 3 bath, 4 bdrm colonial "Garrison Colonial". Now
$339,000
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Property information
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I find much confusion among buyers and many agents when it comes to who controls a short sale property.
The mortgagor or owner of the property still owns and controls the property.
What does this mean?
If an offer is tendered on a short sale property it is still up to the owner whether they choose to forward an offer or contract to ...
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