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With home prices high and inventory low, short sales remain one of the few ways to buy a house below market value, though the ...
Podcasts Portland Trail Blazers $4 billion sale: 5 things to know about the process and timeline Published: May. 30, 2025, 6:00 a.m.
In a short sale, the home might be listed for $225,000. The lender would then forgive the difference — $50,000 — which is why it must sign off before the short sale can proceed.
A "short sale," in real estate, is when lenders accepted less than the mortgage amount owed for a financially distressed property before it enters the foreclosure process. Investors looking to ...
The process of buying a short sale property (or selling one) can be lengthy, as the lender must weigh in every step of the way. Here's what to know about how short sales work.
Explore the concept of a short sale in real estate, a strategic alternative for homeowners facing financial hardship. Learn their benefits, and considerations for buyers and sellers in 2025.
The process to purchase a short-sale home is similar to any other home. You’ll submit an offer to the homeowner, and once you agree on the terms, go through the inspection or contingency process.
A short sale is when a property is sold for less than the amount owed on the mortgage. Short sales aren’t as common as they were during the decade following the 2008 housing crash. That’s ...
A short sale is a voluntary process. When the homeowner sells the property for an amount that is far less than what is owed on the mortgage, it is called a short sale. For example, if a homeowner ...