Reno Short Sale- How A Reno Short Sale Works

What is a Reno Short Sale…?

A Reno Short Sale is when a third party, or lender, allows the property to be sold for less than the total amount owed on the Seller’s mortgage. The third party accepts a proposed buyer's purchase amount and agrees to terms with the Seller as the payoff for the entire debt.

Many people who work with an Advisor at DoMore Real Estate ask, “Why would I want to sell my home Short sale?”