Short Sale Terms and Definitions
Understanding real estate terms can be like interpreting a foreign language. This section is meant to help you understand the ‘lingo’ as it relates to short sales and short sale transactions. You will find information relating to different types of loans and scenarios. If you have any particular terms you would like to discuss, feel free to contact me and I will include them here. Enjoy!
Short Sale Glossary of Terms
- Understanding HAFA and HAMP
- What is Deed in Lieu of Foreclosure?
- What is the FHA Loan Modification Program?
- What is Mortgage Modification?
- What is Right of Redemption?
- What is Forbearance?