Financial Swagger

Short Sale Strategies For Real Estate Buyers And Investors

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Real Estate

Real Estate investment is consider a must have in your portfolio as a wealth builder, Investopedia columnist Jean Folger executed this cool article which outlines several buying and selling strategies that can help anyone become a savvy investor.

Sometimes homeowners find themselves underwater, increasingly unable to pay the mortgage, taxes and other costs for their property. When this situation happens at the same time that property values have fallen to the point where the house is worth less than the mortgage on it, a homeowner may decide  to put the property on the market as a short sale. This type of deal is called a short sale, or pre-foreclosure sale because the property is sold for less than the amount due on the mortgage.

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