Wednesday, February 24, 2010

Short Sales Name of the Game Right Now

What is a “Short Sale”?

short sale (also known as a “short pay-off” or “pre-foreclosure workout”).

1. In real estate an agreement with your lender to accept less from your home sale than the amount you owe on the loan. In a lender-approved short sale, your lender releases you from the mortgage, thereby preventing foreclosure.

If you are starting your search to buy now or in the future, why not search like a realtor. Sign up for listing book, a free service I provide with no strings attached. Here is the link:

If you would like information on Buying, Selling, For Sale By Owners, 1st Time Buying, click on the appropriate link on my website

Want to check out some Foreclosures or FSBO’s? Visit my website:

What did the house down the street sell for? Want to know call me or visit my website at

If you would like to know what your homes current value is check out Market Snapshot on my website or just call me at 636-294-6061.

For any of your Real Estate Questions or Needs call Me at 636-294-6061 or Remember “Cribbin Realty” Where Performance Outsells Promises.

Mike Cribbin

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