How do houses end up being a short sale?

HOW DO HOUSES END UP BEING A SHORT SALE?

Homes end up being short sales for a variety of reasons the top two are 1.) because homeowners end up not being able to negotiate withthe banks to lower their interest rates or monthly mortgage payments to fit their particular budgets and 2.) Homeowners are "upside down" and their only choice is to sell and hope that the bank will approve a short sale so that they can walk away from their home without having a foreclosure on their record.” -JACOB J. GABRIE, SCSM, CEO Town Center Realty Group, a full service real estate brokerage in California providing residential and commercial real estate services and property management.

To contact TCRG e-mail info@Towncenterrealtygroup.com