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Welcome to the home buying questions section of the Home Buying Institute. If you have a question about buying a home, this is the place to ask it.
Main Page > Buying Foreclosures or Short Sales
Articles in Buying Foreclosures or Short Sales
Why is our short sale process taking so long?
Short sales vary from state to state, but I'm not sure why yours is taking so long.
What is a short sale and how long does it take to close on one?
A real estate short sale, by definition, typically "moves" pretty fast. In most cases, a short sale takes place when the seller's lender has agreed to let them sell the home for less than what they owe on the mortgage.
How does financing work when buying a short sale property?
In most cases, the financial process for buying a short sale is similar to any other home buying process. But there are two areas where buying a short sale differs from buying a regular home.
The Home Buying FAQ Center gives you a place to ask any home buying questions you might have. Join in today and get helpful answers to your home buying questions.
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