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March 18th, 2011 10:56 AM
A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Short sales are a way for homeowners to avoid foreclosure on their homes and still be able to pay off their loan by settling with lender.

Read more: How to Do a Short Sale | eHow.com http://www.ehow.com/how_8132_short-sale.html#ixzz1Gxmfo398
Posted by Susan Compagner on March 18th, 2011 10:56 AMPost a Comment (0)

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