What is a Short Sale?

2022-05-23T18:43:08-04:00March 21st, 2019|Categories: Buyers|Tags: , , |

When you're looking at Ellicott City homes for sale, you'll probably run into a few listed as short sales. But what is a short sale, and should you buy one? What is a Short Sale? A short sale is a sale that occurs when a homeowner owes more on a home than it's worth. Usually, owners don't attempt a short sale unless they owe the