Q
Short Sale vs Foreclosure
July 06, 2009 by christina B.
- Narragansett, RI
I recently requested a short sale to the bank tgaty loan has defaulted. The idea was to attempt to not have a foreclo...
ANSWERS
See all 10- Hi C., I am a Realtor in Maine, if you are successful in getting a shortsale offer, yes you are responsible for the difference. If you can not pay it (and usually peo...
- C., I work as a real estate paralegal... and NO you do not have to pay the difference on a short sale. What happens is you place the house on the market and the bank...
