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Updated almost 17 years ago on . Most recent reply

Susan Hofflander's profile image
Susan Hofflander's profile image
Susan Hofflander
  • Residential Real Estate Agent
  • from MN
  • Member since Apr 11, 2008
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Susan Hofflander's profile image
Susan Hofflander's profile image
Susan Hofflander
  • Residential Real Estate Agent
  • from MN
  • Member since Apr 11, 2008
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Susan Hofflander
  • Residential Real Estate Agent
  • MN
0
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Foreclosures

what about short sales?

Susan Hofflander
  • Residential Real Estate Agent
  • MN
Posted

If, in a short sale, the lender agrees to accept less money for the payoff than what the current owners owe, does anyone have to make up the difference? Will that then be a lien on the property for the new owners?

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