Art Hudson's (ahudson) Blog

  Definition:  A Short Sale is a sale of real property where the lender allows the sale of the property for less than the amount owed on the Note and Deed of Trust.   WHEN?  When the market value of the property is less than the balance left on the loan.   WHY?  A Short Sale can save the bank mon...

SO YOU WANT TO BUY OR SELL A "SHORT SALE?  Here is an article that I recently wrote for the Hendersonville Board of Realtors Newsletter.