Foreclosures

The what and why of foreclosures and shortsales.

What’s The Difference Between Shortsale & Foreclosured Homes?

Posted in For Buyers, Foreclosures, General Musings

What’s The Difference Between Shortsale & Foreclosured Homes?

There is a great deal of difference between a foreclosed home and a shortsale.  Let’s start by saying that both these transactions involve the bank that held the mortgage on the home. 

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