Neal's Blog

Category: buyers

The Difference Between Short Sales and Foreclosures

I had a conversation today with a past client that wants me to help her find a home this Spring and by the end of the call it was clear to me that there is no topic more important for buyers and sellers in todays market to thoroughly understand than what a short pay listing is compared to a foreclosure listing. First lets start with the basics. A short pay or short sale listing is one in which the seller will get no money. They owe more than the home is worth. They want to sell but in order to

Read more...
Posted by Neal Weichel on 03/01/2008 at 10:54 PM | Category: buyers

Re/Max of Valencia
25101 The Old Road
Stevenson Ranch, CA 91381
Each office independently owned and operated.