The guide millions of “underwater”homeowners have been waiting for
The perfect primer for new and experienced homesellers, How to Sell Your Home With a Short Sale is a step-by-step guide for successfully negotiating the tricky butuseful process of short selling a home.
The housing industry is only getting worse, and it isestimated that 7.5 million properties are worth lessthan what their owners owe. One of the nation’s topreal-estate gurus explains in clear terms how propertyowners can get a lender to accept a “short payoff”—i.e., a price that is less than the outstanding balance onthe mortgage—which serves the dual purpose ofdumping devalued property while protecting credit.
