What Is A Short Sale? It sometimes can be described as a ‘pre-foreclosure’ as well, but basically it means the same thing as while a home is listed as a short sale the foreclosure process is continuing to be executed by the lender.
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We often are told by potential homebuyers, “We want to find a really great deal”. Well that makes sense, you’re shopping for the most expensive item you’ll buy during your lifetime, why not get a great deal too.