Home Buying in Nevada>Question Details

Nichole, Home Buyer in Nevada

what is a sort sell?

Asked by Nichole, Nevada Tue Mar 31, 2009

can somebody please explain? i am looking at a house in nevada and it is a short sell. and how is the best way to go about buying it....i am young and trying to learn...
thank you

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You would purchase it the same way you do a non-short sale property. View it and if you are interested present an offer. Are you working with an agent in the area?
0 votes Thank Flag Link Tue Mar 31, 2009
Hi Nichole, A short sale is a property that is being sold at a price " less" than what is currently owed on the mortgage on the home. Hope this helps! Patricia Dalmazio
0 votes Thank Flag Link Tue Mar 31, 2009
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