WHAT IS A SHORT-SALE? A short-sale describes a particular type of home sale transaction. When the remaining mortgage amount on a house is MORE than the current value of that house (the debt exceeds the value) that homeowner is often referred to as being “upside-down” or “underwater” on their ... » Learn More about WHAT IS A SHORT-SALE?
Jeanne Jordan | Lombard & Villa Park Real Estate, Dupage County
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Realtor, author, wife and mother.
