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  2. What is a short sale? - AOL

    www.aol.com/finance/short-sale-234542168.html

    A short sale is when a mortgage lender agrees to allow a homeowner to sell their home for less than what they owe on the mortgage. A short sale can help you get out of an underwater situation, but ...

  3. Can I get a mortgage after a short sale of my home? - AOL

    www.aol.com/finance/mortgage-short-sale-home...

    Since short sales damage your credit score, pursuing a home loan after a short sale may be a lengthy process. If you want to buy a home in the future, you’ll need to repair your credit to be ...

  4. Short Sales: What You Need to Know - AOL

    www.aol.com/news/2011-07-27-short-sales-what-you...

    It's no wonder -- the number of short sales on the market has exploded in recent months, as more and more homeowners turn to short sales as a means of Short Sales: What You Need to Know Skip to ...

  5. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1][2] Formally, a mortgage lender (mortgagee), or other lienholder, obtains a termination of a mortgage borrower ...

  6. Short refinance - Wikipedia

    en.wikipedia.org/wiki/Short_refinance

    A short refinance is a United States mortgage refinancing where a lender agrees to refinance a borrower 's home for the current market value to avoid foreclosure. The lender agrees to replace the current loan with a new one, and pays off the difference. This new loan typically has a lower balance, and borrowers typically receive a new interest ...

  7. For sale by owner - Wikipedia

    en.wikipedia.org/wiki/For_sale_by_owner

    For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property. Typically, they represent themselves with the help ...

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