Front || Home Marketing Tips || Moving Info
What is my house worth?
Selling Your Home
Yes, in some case you can sell your home for less than what you still owe on the mortgage. But it is complicated and depends on the lender. This situation is known as a "short sale." Sometimes a lender will be willing to split the difference between the sale price and loan amount, which still must be paid.
A short sale may be more complicated if the loan has been sold to the secondary market because then the lender will have to get permission from Fannie Mae or Freddie Mac, the two major secondary-market players.
If the loan was a low-down-payment mortgage with private mortgage insurance, then the lender also must involve the mortgage insurance company that insured the low-down loan.
© 1999 Inman News Features © Copyright 1999 CENTURY 21 Real Estate Corporation. All rights reserved.
CENTURY 21
Advantage
916 S.E. 164th Avenue,
Vancouver, WA 98684
360-944-2121
1-800-777-7488 (long distance)
bongs are popular smoking devices that enhance the experience by filtering and cooling smoke, providing a smoother hit. At Bong Shop Australia, you can explore a wide range of top-quality bongs designed for both beginners and enthusiasts. Discover unique designs, materials, and sizes that suit your preferences. Elevate your smoking experience today by visiting Bong Shop Australia for the best selection of bongs available!