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: http://a107021.listingbook.com/.


If you would like information on Buying, Selling, For Sale By Owners, 1st Time Buying, click on the appropriate link on my website http://www.cribbinrealty.com/.

Want to check out some Foreclosures or FSBO’s? Visit my website: http://www.cribbinrealty.com/

What did the house down the street sell for? Want to know call me or visit my website at http://www.cribbinrealty.com/

If you would like to know what your homes current value is check out Market Snapshot on my website http://www.cribbinrealty.com/market-snapshot-2.html or just call me at 636-294-6061.

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

Mike Cribbin

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