Real Estate Short Sales - Basic Facts
Let's say your house worth $400,000 and your equity is $60,000. Let's pretend you engage a real estate agent who charges the customary 6% commission. Even is house sells to its value, you'll end up paying the agent 24,000. There goes 40% of your equity. There goes a primary chunk of real, hard cash that simply can't be recouped.If you are a classro