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Tax Lien Investing Forum > Real Estate Investing > General Real Estate Investing > Real Estate Short Sale question?
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Author Topic: Real Estate Short Sale question?  (Read 257 times)
irish_girl
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« on: December 07, 2008, 02:09:52 AM »
I understand what a short sale is, but how do you get to the point where you owe more than what your house is worth?  People have told me that you are not always behind on your mortgages payments when the short sale happens, but how else do you get to that point?
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Expert_Realtor
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« Reply #1 on: December 07, 2008, 06:20:27 PM »
When the value of the home drops due to multiple foreclosures in your immediate area or a negative ammortization loan.
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