There’s a Reason It’s Called a “Short Sale”

short-sale

A short sale is defined in the real estate dictionary as "definitely maybe". The name of this transaction that elicits groans from real estate agents got me to thinking why is it called a short sale? Is it because you are always one document short of what the bank requires even though you provided the last contact everything that was ask for? Is it because being involved in too many short sales can stunt your growth? Or is it because most agent's work extremely hard on their clients behalf … [Read more...]