Posts Tagged ‘investing in las vegas’

Foreclosures

What is a Foreclosure? A foreclosure is defined as the legal process by which an owner’s right to a property is terminated, usually due to default. Typically, a foreclosure will involve a forced sale of the property at a public auction with the proceeds being applied to the mortgage debt. Timeline of a Foreclosure What […]

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Short Sale

WHAT IS A SHORT SALE? A short sale is when a lender agrees to accept an amount less than the payoff on a loan actually is. In most cases the home owner owes more on their property than it is currently worth. A seller must qualify for a short sale by proving a hardship, mainly a financial hardship. The […]

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