Question
In a short sale of a home: the lender forecloses and then sells the home for less than what is owed on the mortgage. the
In a short sale of a home:
the lender forecloses and then sells the home for less than what is owed on the mortgage.
the lender allows the homeowner to sell the home for less than what is owed on the mortgage.
the homeowner sells the home for market vale rather than what is owed on the mortgage, without approval from the lender.
does not apply if there is a mortgage on the home.
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An Introduction To Personal Finance
Authors: Anne Marie Ward
2nd Edition
1907214267, 978-1907214264
