What is a Short Sale?
If you're in the process of buying or selling a home, you may have come across the term "short sale." But what exactly is a short sale? In the world of real estate, a short sale refers to a type of transaction where the proceeds from the sale of a property fall short of the outstanding mortgage balance, and the seller is unable to cover the difference. In simpler terms, it's a sale of a property where the seller owes more on their mortgage than the sale price of the home.
What are Property Taxes?
Property taxes are a critical aspect of owning property, and it's important to understand what they are and how they work. In this article, we will delve into the basics of property taxes, including what they are, how they are calculated, and why they are essential for local communities.
How do I sell my house?
Selling a house can be a complex and daunting process, especially for first-time sellers. Here are some steps to follow to make the process as smooth and successful as possible.