Short Sales 101

Short sales have become increasingly popular in the real estate market as an alternative to foreclosure. But what exactly is a short sale? Short Sales 101 provides you with all of the information you need to make an informed decision about whether or not this type of transaction is right for you.

A short sale is when a homeowner who owes more on their home than it’s worth sells it for less than what they owe. The lender agrees to accept less money from the seller than what was originally owed, and the seller pays off the difference between what they owe and what they received from the sale. This could be beneficial for both parties, as it allows the seller to avoid foreclosure and allows the lender to recoup some of their investment.

The Law Offices of Omar Zambrano has helped thousands of the people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

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