HomeSmart Realty Group Long Beach
3750 Schaufele Ave #270
Long Beach, CA 90808
3750 Schaufele Ave #270
Long Beach, CA 90808
Sharon's Blog
Difference between a Foreclosure & Short Sale
Posted On: June 30th, 2021 9:53PM
What’s the difference between a Foreclosure and a Short Sale?
A Foreclosure is when a homeowner stops making payments (for whatever reason) and the bank takes back the house.
A Short Sale is when a homeowner works with the bank to sell the house for less than what is owed on it.
As a "Short Sale and Foreclosure Resources (SFR)" certified Realtor, I am in the perfect position to help should you be facing either isue. If you would like to know if you should allow a foreclosure or short sale, contact me: [email protected]
