|
|
Browse by Tags
All Tags » Short Sales » Lowell (RSS)
-
Just ran across this information that might be useful to people in danger of foreclosure It is a little last minute to find out about the workshops, but it may be worth the trip.
Friday, April 3, 2009 2:00 p.m. - 8:00 p.m.
Registration closes at 7:00 pm
The Conference Center at Massasoit
770 Crescent Street
Brockton, MA ...
-
A "short sale" is a real estate transaction, where the lender or lien holders accept less than the amount owed on the balance due to the bank. It can be a more favorable alternative to letting the bank foreclose on your property.
Example:
Seller Bob owes $300,000 on a property that is now only worth $240,000. Bob ...
|
|
|