What is a short sale?

A short sale is an agreement on real estate property between homeowner and the lender to sell a home at a lower price than its total amount just to coup with foreclosure risk. For example, the purchase price of your home is $300,000 but is reduced to $250,000 and you must move, you can negotiate with your bank to make a deal according to current market value of the property. Sometimes, the short sale process might be lengthy and complicated, but with Max Returns REI you can get a bank approval within......days.