Why Do Sellers Choose Short Sale Over Foreclosure?

by Colleen Fischesser on October 25, 2009

bigstockphoto_house___2236593Until the process of short sales is streamlined and made to be more uniform, it will continue to be a frustrating experience for most parties involved; the home seller, the home buyer, the real estate agents involved, closing parties. They require more time and tenacity than most “regular sales” on the part of all who are trying to keep the home from going to foreclosure.

I’m asked on a regular basis why a homeowner would put him or herself through this stressful process, rather than just walking away and letting the bank have the house back. The other day I found this video on the RE/MAX International youtube channel.

I will let this seller explain it.

She does it far better than I ever could.

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