Archive for Archive for June, 2009

Short Sales: When is Offer ‘Accepted’?

There has been some confusion about when a short sale offer is “accepted.” A short sale is a sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. The owner will request that the lender (third party) agree to take less and forgive the rest of what […]

Posted by: najirashid on Wednesday, June 17th, 2009