Video 41: If you purchased a home in the Tempe or Phoenix area in the last five years and you want to sell it now there is a good chance that Tempe home will need a short sale. There are so many people interested in selling their home as a short sale and many buyers are getting frustrated with the REO foreclosure market they are turning to short sales too. So I am starting a series on short sales, the first installment is what is a short sale? A short sale is when the lender agrees to allow you to sell a house for less than the mortgage amount. I would love to hear your thoughts or any questions you may have about short sales, you can leave a comment or e-mail me Dean Ouellette.
