A Short Sale or Foreclosure in Omaha

A Short Sale or Foreclosure in Omaha

Posted by Shawn Simpson // October 25, 2017

A Short Sale or Foreclosure in Omaha

Should I do a short sale or foreclosure in Omaha? A mortgage short sale occurs when a financially distressed borrower arranges a sale for less than the outstanding mortgage balance. The lender accepts the proceeds of the house sale which is short of the full repayment of the mortgage. The borrower, then, receives a release from the mortgage obligation. […]


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