Any sale of real estate that generates proceeds that are less than the amount owed on the property. A real estate short sale occurs when the lender and borrower decide that selling the property and absorbing a moderate loss is preferable to having the borrower default on the loan. It is therefore an alternative to foreclosure.
206 Rockmont Drive
Fort Mill, SC 29708
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Phone: 803.548.3551
Fax: 803.548.6750
Web: https://carolinashomesource.com/