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Category Archives: downsizing
Fairfax Real Estate update, Short Sales and Foreclosures
Any Fairfax real estate update would say that sales are strong … with ten of the twenty-two properties on the market in escrow and nine of the properties distressed (one bank owned foreclosure, eight short sales). The price differential between … Continue reading →
Posted in Bargains and Best Buys, downsizing, Fairfax, Fairfax foreclosures
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Tagged distressed property, downsizing, Fairfax, foreclosure, short sale
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Real Estate Short Sales — Questions & Answers, Part I – Introduction to Short Sales
What is a real estate short sale? A short sale is the sale of a property where the amount owed by the property owner is more than the net sales proceeds. Because the lender will be losing money a short … Continue reading →
