
The Basics You Need to Know About Short Sales in Charlotte Short sales in Charlotte are used by homeowners who are selling their homes at a loss to the bank to prevent losing them to foreclosure. When you see an advertisement for a short sale, the home is basically in pre-foreclosure. What is a short sale? A short sale is an agreement between the sellers of a home in the beginning stages of foreclosure and their lender which allows the home to be sold for less than the existing loan balance. If an agreement is reached by all parties, a short sale could save the sellers’ credit by avoiding … Continue reading...





